Uechi, Lisa; Akutsu, Tatsuya; Stanley, H. Eugene; … - In: Physica A: Statistical Mechanics and its Applications 421 (2015) C, pp. 488-509
In this paper we present a new measure to investigate the functional structure of financial markets, the Sector Dominance Ratio (SDR). We study the information embedded in raw and partial correlations using random matrix theory (RMT) and examine the evolution of economic sectoral makeup on a...