In this study, we employ a dynamic time warping method to study the topology of similarity networks among 35 major currencies in international foreign exchange (FX) markets, measured by the minimal spanning tree (MST) approach, which is expected to overcome the synchronous restriction of the...

In this paper, based on the detrended fluctuation analysis (DFA) method and the detrended cross-correlation analysis (DCCA) method, we propose an improved method of minimum-variance (MV) hedge ratio, i.e., the detrended minimum-variance (D-MV) hedge ratio, which can measure the hedge ratio at...

We investigate the cross-correlations between Renminbi (CNY) and four major currencies (USD, EUR, JPY, and KRW) in the Renminbi currency basket, i.e., the cross-correlations of CNY–USD, CNY–EUR, CNY–JPY, and CNY–KRW. Qualitatively, using a statistical test in analogy to the Ljung-Box...

In this study, we first build two empirical cross-correlation matrices in the US stock market by two different methods, namely the Pearson’s correlation coefficient and the detrended cross-correlation coefficient (DCCA coefficient). Then, combining the two matrices with the method of random...

In this paper, we investigate the correlation structure and dynamics of international real estate securities markets by using daily returns of 20 national markets during the period 2006–2012 from a network perspective. We construct the minimum spanning tree (MST), the hierarchical tree (HT),...

School travel is becoming increasingly car-based and this is leading to many environmental and health implications for children all over the world. One of several reasons for this is that journey to school distances have increased over time. This is a trend that has been reinforced in some...

Greenhouse gas emission has been scientifically shown to be the primary cause of observed global climate change. The reduction of greenhouse gas levels in the atmosphere deserves international attention. Aside from strategies to reduce emissions, increasing carbon (C) storage by forests has...

Ground motion records obtained in recent major strong earthquakes have provided evidence that ground motions recorded near the near-fault regions differ in many cases from those observed further away from the seismic source. As the forward directivity and fling effect characteristics of the...

Understanding temporal variability in water quality in the Three Gorges Reservoir (TGR) is crucial for evaluating environmental effects of damming and protecting China’s largest freshwater resource. This study examined water quality changes in the main channel of the Yangtze River after dam...