Fonseca, Eder Lucio da; Ferreira, Fernando F.; … - In: Physica A: Statistical Mechanics and its Applications 392 (2013) 6, pp. 1386-1392
Following the thermodynamic formulation of a multifractal measure that was shown to enable the detection of large fluctuations at an early stage, here we propose a new index which permits us to distinguish events like financial crises in real time. We calculate the partition function from which...