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penDvine (version 0.2.4)

Derv2: Calculating the second order derivative of the paircopula likelihood function w.r.t. parameter b

Description

Calculating the second order derivative of the paircopula likelihood function w.r.t. parameter v.

Usage

Derv2(penden.env,temp=FALSE,lambda=NULL)

Arguments

penden.env
Containing all information, environment of paircopula().
temp
Default=FALSE,if TRUE temporary calculations of optimal parameters are done.
lambda
Default=NULL, i.e. the saved smoothing parameter lambda in the environment is used. Alternatively, temporary values of lambda are used for optimization of lambda.

Value

Derv2.pen
second order derivative w.r.t. v with penalty
Derv2.cal
second order derivative w.r.t. v without penalty. Needed for calculating of e.g. AIC.
Derv2.cal and Derv2.pen are saved in the environment.

Details

We approximate the second order derivative in this approach with the negative fisher information.

References

Flexible Pair-Copula Estimation in D-vines using Bivariate Penalized Splines, Kauermann G. and Schellhase C. (2014+), Statistics and Computing (to appear).