Dynamic Time Warping (DTW) is a widely used algorithm in speech recognition for measuring similarity between two time series. This non-parametric technique overcomes the problems associated with Pearson's correlation coefficient by allowing a non-linear mapping of one sequence to another...

In this paper, we investigate the dynamic link between recessions and stock market liquidity by examining the predictive content of illiquidity for US recessions. After controlling for other commonly featured recession predictors such as term spreads and credit spreads, we find that the...

In this article, we are testing the effects of an inverted Yield curve, as a result of the relationship between the short and long-term interest rates of the US Treasury with constant maturities. Our aim is to illustrate and spot cycles that created the US recession in 2008 based on Estrella and...