Tail Dependence Coefeeicient - Minor typo

[afterworkguinness]

Hi David,
There seems to be a typo in the PDS for Dowd 3,4,5,7 it gives the tail dependence coefficient as:

λu=lima→1Pr[Y>F−1Y(a)∣Y>F−1X(a)].

Instead of

λu=lima→1Pr[Y>F−1Y(a)∣X>F−1X(a)].

 

[David Harper CFA FRM]

Hi @afterworkguinness yes, agreed, it's a typo. (+1 Star). Thank you, I have tagged for revision, David #revisepdf

 

[afterworkguinness]

Cool, thanks.