Name
Title | ||
|---|---|---|
Reflection Of Government Performance From Foreign Exchange Market Through Engineered Mechanism Using Conditional Copula Model |
Abstract | ||
|---|---|---|
This paper investigates governments' performance in the country. We achieved this objective differently. We employed an inverse method of assessment, with the utilization of factor copula modeling technique, to study the dependence relationship of exchange rates returns as auxiliary variables, the performance of political and army government tenures in the country in the last two decades are evaluated. Through factor analysis, common factors for the exchange rate are obtained. The analysis shows that conditioned on the common factors, the dependence amongst the elected currencies are strongly asymmetric in most of the tenures except the term of Pakistan Muslim League-Nawaz, and condition on common factor Clayton copula demonstrating hypothesis is more suitable. However, we perceive high left tail reliance among foreign currency returns during Pakistan Muslim League-Nawaz tenure, and the condition on common factor Gumbel copula molding assumption is more appropriate. We are signifying the foulest government performance in the country among all occupancies under consideration. |
Year | DOI | Venue |
|---|---|---|
2021 | 10.3233/JIFS-200996 | JOURNAL OF INTELLIGENT & FUZZY SYSTEMS |
Keywords | DocType | Volume |
Factor analysis, asymmetric, clayton copula, exchange rate, gumbel copula | Journal | 40 |
Issue | ISSN | Citations |
1 | 1064-1246 | 0 |
PageRank | References | Authors |
0.34 | 0 | 3 |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Y. A. Khan | 1 | 0 | 0.34 |
| Y. M. Chu | 2 | 0 | 0.68 |
| S Z Abbas | 3 | 1 | 2.74 |