Table 7 R-vine copula results during Bitcoin crashes
From: The linkage between Bitcoin and foreign exchanges in developed and emerging markets
G7 basket | BRICS basket | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
2013 crash | 2018 crash | COVID-19 | 2021 crash | 2022 crash | 2013 crash | 2018 crash | COVID-19 | 2021 crash | 2022 crash | |
Structure | D-vine | D-vine | R-vine | R-vine | D-vine | R-vine | D-vine | D-vine | D-vine | R-vine |
Sample size | 244 | 334 | 294 | 142 | 198 | 244 | 334 | 294 | 142 | 198 |
No. of coefficients | 15 | 13 | 15 | 13 | 17 | 20 | 19 | 18 | 14 | 20 |
Log-likelihood | 157.09 | 166.88 | 133.82 | 210.28 | 250.91 | 121.47 | 234.13 | 213.65 | 98.24 | 89.68 |
AIC | − 284.18 | − 307.75 | − 237.64 | − 394.57 | − 467.82 | − 202.95 | − 430.26 | − 391.31 | − 168.48 | − 139.35 |
BIC | − 231.73 | − 258.21 | − 182.38 | − 356.14 | − 411.83 | − 133.00 | − 357.85 | − 325.00 | − 127.1 | − 73.49 |