Modelling dependence in finance using copulas - Thierry Roncalli's ...
Modelling dependence in finance using copulas - Thierry Roncalli's ...
Modelling dependence in finance using copulas - Thierry Roncalli's ...
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5 Conclusion<br />
The use of <strong>copulas</strong> <strong>in</strong> f<strong>in</strong>ance is very recent.<br />
However, private communications with professionals of other banks<br />
<strong>in</strong>dicate that <strong>copulas</strong> are largely studied (and used) <strong>in</strong> most banks.<br />
And professionals expect a lot from <strong>copulas</strong> to solve (and<br />
understand) many f<strong>in</strong>ancial problems.<br />
<strong>Modell<strong>in</strong>g</strong> <strong>dependence</strong> <strong>in</strong> f<strong>in</strong>ance us<strong>in</strong>g <strong>copulas</strong><br />
Conclusion 5-1
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