|Table of Contents|

Analysis on Financial Market Dependence and Improvement for Measuring Methods(PDF)

《长安大学学报(社科版)》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2006年01期
Page:
51-54,59
Research Field:
交通运输与经济
Publishing date:
2006-03-20

Info

Title:
Analysis on Financial Market Dependence and Improvement for Measuring Methods
Author(s):
ZHAN Xue-li ZHANG Shi-ying ZHANG Rui-feng
School of Management, Tianjin University, Tianjin 300072, China
Keywords:
applied economics financial science financial market random varlable Copula conditional probability
PACS:
F830. 9
DOI:
-
Abstract:
This paper introduces several methods for the financial markets, especially qualitative and linear methods. The Copula is introduced to establish the relationship between a multidimensional probability function and its lower dimensional margins, and from it the dependent structure can be discovered. Copula contains more dependent information of the random variables than the common dependent methods. The overseas and domestic demonstrations show that the Copula method can be used more widely and efficiently in practice. This paper also presents some dependent quantitative analysis methods based on Copula theory and shows some further-applied fields and researching areas.

References:

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Memo

Memo:
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Last Update: 2006-03-20