A Drought Index as a Way to Improve Hedging Effectiveness for Copula Insurance Models

Adriana L. Abrego-PérezCarlos Valencia2026-03-222026-03-22202310.2139/ssrn.4353828https://doi.org/10.2139/ssrn.4353828https://andeanlibrary.org/handle/123456789/72996enCopula (linguistics)Actuarial scienceIndex (typography)EconometricsEconomicsBusinessA Drought Index as a Way to Improve Hedging Effectiveness for Copula Insurance Modelsarticle