Naylor, Michael J.; Rose, Lawrence C.; Moyle, Brendan J. - In: Physica A: Statistical Mechanics and its Applications 382 (2007) 1, pp. 199-208
This paper uses two physics derived hierarchical techniques, a minimal spanning tree and an ultrametric hierarchical tree, to extract a topological influence map for major currencies from the ultrametric distance matrix for 1995–2001. We find that these two techniques generate a defined and...