Showing 1 - 5 of 5
Bordo and Helbing (2003) examine the business cycle in Western economies over the 1881-2001 period. They examine four distinct periods in economic history and conclude that there is a secular trend towards greater synchronisation for much of the 20th century, and that it takes place across these...
Persistent link: https://www.econbiz.de/10003672212
The aim of this paper is to show that random matrix theory (RMT) can be a useful addition to the economist's tool-kit in the analysis of macro-economic time series data. A great deal of applied economic work relies upon empirical estimates of the correlation matrix. However due to the finite...
Persistent link: https://www.econbiz.de/10003746663
Persistent link: https://www.econbiz.de/10003840537
The aim of this paper is to show that random matrix theory (RMT) can be a useful addition to the economist?s tool-kit in the analysis of macro-economic time series data. A great deal of applied economic work relies upon empirical estimates of the correlation matrix. However due to the finite...
Persistent link: https://www.econbiz.de/10013132141
Persistent link: https://www.econbiz.de/10013132338