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Table 1

Parameters estimated by Maximum Log-Likelihood (MLL) and BIC values for the copula between the pseudo-observations ranks(VT) and ranks(VF); degrees of t-Student = 3.529 also estimated by MLL using the tCopula() function of the copula R-package.

Copula Parameter estimate BIC
Gaussian 0.875 17.619
Gumbel H 2.950 17.484
t 0.868 16.620
Frank 9.385 15.267
Joe 3.641 15.125
Clayton 2.929 14.814