Publication of book "Hierarchical Archimedean Copulas" by Prof. Ostap Okhrin

The book "Hierarchical Archimedean Copulas" by Dr. Jan Górecki and Prof. Ostap Okhrin has been published. It offers a comprehensive exploration of copulas with a specific focus on Hierarchical Archimedean Copulas and their diverse applications.

This book broadens the understanding of copulas, providing readers with the necessary knowledge and tools for modeling complex dependence structures. It stands out by featuring practical exercises and a dedicated chapter on software toolboxes for copula modeling, making it an invaluable resource for both students and professionals in the field.

The book is available online and can be accessed at Springer.

This release marks a significant contribution to the field of econometrics and statistics, equipping researchers, practitioners, and students with advanced tools and knowledge to excel in their work.