Tail Dependnce in REITs Returns在REITs的收益尾部相关性.pptVIP

Tail Dependence in REITs Returns;Overview;Research Questions;Research Questions;Existing Literature;The Generic Model;The Generic Model;The Generic Model;The Generic Model;Data Descriptions;Marginal Distributions of REITs;Marginal Distributions of REITs;Conditional Copulas – APT OFF;Conditional Copulas – APT IND;Conditional Copulas – APT SHPC;Conditional Copulas - Summary;Conditional Copulas;Student t Copula Parameter Estimations;Tail Dependence of REITs;Linear Correlation of REITs;Tail dependence vs Linear Correlation;Tail dependence vs Linear Correlation;Conclusions;Q A