Fig. 10

The plots show the dynamics of the conditional correlation between the 2 CCs reported in the title. In the first two column the value of the bandwidth is fixed at \(h=20\) and \(h=100\) respectively and each line in the plot corresponds to a parameter \(\gamma\) as detailed in the legend. In the third column the value of gamma is fixed at \(\gamma =0.1\) and each line in the plot corresponds to a bandwidth parameter h as detailed in the legend