Understanding the key drivers of prices and energy consumption is an important issue, which is complicated because the distributions of prices and consumption are asymmetric and fat-tailed. That is, ...

We propose a family of copula-based multivariate distributions with g-and-h marginals. After studying the properties of the distribution, we develop a two-step estimation strategy and analyze via ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...