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This paper explores how to analyze empirically a network of website visitors from several countries in the world. While exploring this huge network of website visitors worldwide, this paper shows an empirical data analysis with a…

Social and Information Networks · Computer Science 2018-09-21 Mohammed K A Kaabar

We apply the recently developed reduced Google matrix algorithm for the analysis of the OECD-WTO world network of economic activities. This approach allows to determine interdependences and interactions of economy sectors of several…

Trading and Market Microstructure · Quantitative Finance 2020-12-15 Célestin Coquidé , José Lages , Dima L. Shepelyansky

The co-authorship network of scientists represents a prototype of complex evolving networks. By mapping the electronic database containing all relevant journals in mathematics and neuro-science for an eight-year period (1991-98), we infer…

Soft Condensed Matter · Physics 2009-11-07 A. L. Barabasi , H. Jeong , Z. Neda , E. Ravasz , A. Schubert , T. Vicsek

Buyer--seller relationships among firms can be regarded as a longitudinal network in which the connectivity pattern evolves as each firm receives productivity shocks. Based on a data set describing the evolution of buyer--seller links among…

General Finance · Quantitative Finance 2016-08-25 Ryohei Hisano , Tsutomu Watanabe , Takayuki Mizuno , Takaaki Ohnishi , Didier Sornette

We propose a novel tie-oriented model for longitudinal event network data. The generating mechanism is assumed to be a multivariate Poisson process that governs the onset and repetition of yearly observed events with two separate intensity…

Applications · Statistics 2021-09-28 Cornelius Fritz , Paul W. Thurner , Göran Kauermann

This paper combines traditional panel econometrics with random forest machine learning to revisit the relationship between exchange rate regimes and economic growth for 27 transition economies over 1991-2019. Exploiting the Couharde-Grekou…

General Economics · Economics 2026-05-19 Marjan Petreski

We investigate the daily correlation present among market indices of stock exchanges located all over the world in the time period Jan 1996 - Jul 2009. We discover that the correlation among market indices presents both a fast and a slow…

Statistical Finance · Quantitative Finance 2011-08-16 Dong-Ming Song , Michele Tumminello , Wei-Xing Zhou , Rosario N. Mantegna

Community currency networks are made up of individuals and or companies that share some physical or social characteristics and engage in economic transactions using a virtual currency. This paper investigates the structural and dynamic…

Computational Engineering, Finance, and Science · Computer Science 2025-07-04 Camilla Ancona , Dora Ricci , Carmela Bernardo , Francesco Lo Iudice , Anton Proskurnikov , Francesco Vasca

In the theory of financial markets, a stylized fact is a qualitative summary of a pattern in financial market data that is observed across multiple assets, asset classes and time horizons. In this article, we test a set of eleven stylized…

Statistical Finance · Quantitative Finance 2025-04-14 Sara A. Safari , Maximilian Janisch , Thomas Lehéricy

Economic systems, traditionally analyzed as almost independent national systems, are increasingly connected on a global scale. Only recently becoming available, the World Input-Output Database (WIOD) is one of the first efforts to construct…

Physics and Society · Physics 2015-08-19 Federica Cerina , Zhen Zhu , Alessandro Chessa , Massimo Riccaboni

Critical for policy-making and business operations, the study of global supply chains has been severely hampered by a lack of detailed data. Here we harness international firm-level transaction data covering 20m global firms, and 1 billion…

General Economics · Economics 2025-11-24 Neave O'Clery , Ben Radcliffe-Brown , Thomas Spencer , Daniel Tarling-Hunter

Cryptocurrencies are distributed systems that allow exchanges of native tokens among participants, or the exchange of such tokens for fiat currencies in markets external to these public ledgers. The availability of their complete historical…

Using data from world stock exchange indices prior to and during periods of global financial crises, clusters and networks of indices are built for different thresholds and diverse periods of time, so that it is then possible to analyze how…

Statistical Finance · Quantitative Finance 2014-09-02 Leonidas Sandoval Junior

Few attempts have been proposed in order to describe the statistical features and historical evolution of the export bipartite matrix countries/products. An important standpoint is the introduction of a products network, namely a…

Physics and Society · Physics 2015-11-10 Fabio Saracco , Riccardo Di Clemente , Andrea Gabrielli , Luciano Pietronero

The recent financial crisis has stressed the need to understand financial systems as networks of interdependent countries, where cross-border financial linkages play the fundamental role. It has also been emphasized that the relevance of…

Statistical Finance · Quantitative Finance 2015-06-03 Alessandro Spelta , Tanya Araújo

To investigate the actual phenomena of transport on a complex network, we analysed empirical data for an inter-firm trading network, which consists of about one million Japanese firms and the sales of these firms (a sale corresponds to the…

General Finance · Quantitative Finance 2015-03-19 Hayafumi Watanabe , Hideki Takayasu , Misako Takayasu

Based on the misleading expectation that weighted network properties always offer a more complete description than purely topological ones, current economic models of the International Trade Network (ITN) generally aim at explaining local…

Physics and Society · Physics 2014-01-14 Tiziano Squartini , Giorgio Fagiolo , Diego Garlaschelli

The process of European integration resulted in a marked increase in transnational economic flows, yet regional inequalities along many developmental indicators remain. We analyze the unevenness of European economies with respect to the…

Economics · Quantitative Finance 2017-11-08 Balazs Vedres , Carl Nordlund

We examine world migration as a social-spatial network of countries connected via movements of people. We assess how multilateral migratory relationships at global, regional, and local scales coexist ("glocalization"), divide…

Physics and Society · Physics 2016-03-31 Valentin Danchev , Mason A. Porter

Maritime transport accounts for a majority of trades in volume, of which 70% in value is carried by container ships that transit regular routes on fixed schedules in the ocean. In the present paper, we analyse a data set of global liner…

Physics and Society · Physics 2019-01-29 Sadamori Kojaku , Mengqiao Xu , Haoxiang Xia , Naoki Masuda
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