Hi all,
I am currently trying to calculate the Marginal expected shortfall (MES) based on the following paper: https://www.ecb.europa.eu/pub/pdf/sc...46c5b2af9e10c7
I have no clue how to calculate the tail expectations in stata (as pictured below).
Does anyone have a line of code or knows which function to use to calculate these tail expectations?
Array
Thanks!
Thom
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