Modelling the Dependency between Inflation and Exchange Rate Using Copula

<table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Statistic</td><td class="align_center">Inflation rate</td><td class="align_center">Exchange rate (USD)</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">Mean</td><td class="align_center">16.35</td><td class="align_center">1.84</td></tr><tr><td class="align_left">Standard deviation</td><td class="align_center">7.48</td><td class="align_center">1.30</td></tr><tr><td class="align_left">Minimum</td><td class="align_center">8.39</td><td class="align_center">0.36</td></tr><tr><td class="align_left">Maximum</td><td class="align_center">41.90</td><td class="align_center">4.79</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

Journal of Probability and Statistics

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Table 2

Table 2: Modelling the Dependency between Inflation and Exchange Rate Using Copula 