... ranging between and 134 for different estimates of α and sample sizes Once α and σ have been obtained and α and σ have been fixed at these values, ˆ ˆ estimates of β and µ can be obtained using ... of the American Statistical Association 71: 340–344 Embrechts, P., Kluppelberg, C and Mikosch, T (1997) Modelling Extremal Events for Insurance and Finance, Springer Fofack, H and Nolan, J P (1999) ... lists various Archimedean copulae in the same ordering as in Table 2.1 in H¨rdle, Kleinow and Stahl (2002) or in Nelsen (1999) and the corresponding a upper and lower TDC The quantlet TailCoeffCopula...