Showing 1 - 10 of 83
A microscopic approach to macroeconomic features is intended. A model for macroeconomic behavior under heterogeneous spatial economic conditions is reviewed. A birth–death lattice gas model taking into account the influence of an economic environment on the fitness and concentration evolution...
Persistent link: https://www.econbiz.de/10011058048
An instantaneous time series distance is defined through the equal time correlation coefficient. The idea is applied to the Gross Domestic Product (GDP) yearly increments of 21 rich countries between 1950 and 2005 in order to test the process of economic globalisation. Some data discussion is...
Persistent link: https://www.econbiz.de/10011060408
The economy globalization measure problem is discussed. Four macroeconomic indices of twenty among the “richest” countries are examined. Four types of “distances” are calculated. Two types of networks are next constructed for each distance measure definition. It is shown that the...
Persistent link: https://www.econbiz.de/10011063383
Coauthors (CA) of a “lead investigator” (LI) can receive a rank (r) according to their “importance” in having published joint publications with the LI. It is commonly accepted, without any proof, that publications in peer review journals and for example conference proceedings do not have...
Persistent link: https://www.econbiz.de/10011057209
Any decision process requires information about the past and present state of the system, but in an economy acquiring data and processing it is an expensive and time-consuming task. Therefore, the state of the system is often measured over some legal interval, analysed after the end of well...
Persistent link: https://www.econbiz.de/10011059083
The idea of entropy was introduced in thermodynamics, but it can be used in time series analysis. There are various ways to define and measure the entropy of a system. Here the so called Theil index, which is often used in economy and finance, is applied as it were an entropy measure. In this...
Persistent link: https://www.econbiz.de/10011059447
Applying any strategy requires some knowledge about the past state of the system. Unfortunately in the case of economy, collecting information is a difficult, expensive and time consuming process. Therefore, the information about the system is usually known only at the end of some well-defined...
Persistent link: https://www.econbiz.de/10011061546
A time series is remapped onto an entropy concept, based on the Theil index. The Manhattan distance between these surrogate series is calculated, and contrasted to the usual correlation distance measure. The idea is applied to several Gross Domestic Product (relative increments) of rich...
Persistent link: https://www.econbiz.de/10011062067
A power law classification scheme (PLCS) of time series correlations is proposed. It is shown that PLCS provides the ability to classify nonlinear correlations and measure their stability. PLCS has been applied to gross domestic product (GDP) per capita of G20 members and their correlations...
Persistent link: https://www.econbiz.de/10011063722
Persistent link: https://www.econbiz.de/10000838361