Abstract
This study explored return periods of the streamflow deficit characteristics by threshold levels with different time resolutions (daily, weekly, and monthly) using univariate and Copula functions, reflecting hydrological regimes like rapid recoveries from drought and anthropogenic dam operation by monthly basis in South Korea. As a result, the daily-based threshold had a large variability in severities and durations. This is because threshold levels include a large variability of daily streamflow with a small time interval. Joint return periods of duration under extreme droughts were similar to those from univariate frequency analysis. The severities in these extreme droughts were also around the average level, but the duration was relatively long, leading to an increase in the joint return period. This result helps to effectively manage water resource preparing for the assessment on the drought risk with a long duration.
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