A very good article about Gaussian copula function by David X. Li and its impact on financial meltdown. Li's paper is here. Is it another reason to blame China for the financial crisis?
I am an Associate Professor of Economics at Winona State University, where I teach Macroeconomics, International Economics and Forecasting Methods. This blog will provide my observations and collection of news, information, articles, and videos on the issues of global economies, finance, and business.
