Flexible stationary diffusion-type models are developed that can fit both the marginal distribution and the correlation structure found in many time series from, for example, finance and turbulence.

ABSTRACT The subgrid-scale variability of the liquid water path (LWP) of marine boundary layer clouds in areas that correspond to the typical grid size of large-scale (global climate and weather ...

Copulas are functions that enable the construction of multivariate probability distributions by binding together univariate marginal distributions. Central to probability theory, they allow ...