Modelling the Dependency between Inflation and Exchange Rate Using Copula

Table 1

Common copula families with their corresponding Kendall’s tau value.

#	Type	Generator function	Parameter	Kendalls’ tau
1	Frank
2	Joe
3	Clayton
4	Gumbel
5	BB1
6	BB6
7	BB7
8	BB8
9	Gaussian
10	Student t

Note. is the Debye function [21].