Humboldt-Universität zu Berlin and Xiamen University, China we employ a new adaptive clustering technique to identify … interpretable JEL (sub)clusters. The proposed Adaptive Weights Clustering (AWC) is available on www.quantlet.de and is based on the …

This paper presents a new approach to non-parametric cluster analysis called Adaptive Weights Clustering (AWC). The … idea is to identify the clustering structure by checking at different points and for dierent scales on departure from local … homogeneity. The proposed procedure describes the clustering structure in terms of weights wij each of them measures the degree of …

Humboldt-Universität zu Berlin and Xiamen University, China we employ a new adaptive clustering technique to identify … interpretable JEL (sub)clusters. The proposed Adaptive Weights Clustering (AWC) is available on www.quantlet.de and is based on the …