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The availability of relational data can offer new insights into the functioning of the economy. Nevertheless, modeling the dynamics in network data with multiple types of relationships is still a challenging issue. Stochastic block models…

Methodology · Statistics 2025-08-01 Ovielt Baltodano López , Roberto Casarin

Multi-layered social networks reflect complex relationships existing in modern interconnected IT systems. In such a network each pair of nodes may be linked by many edges that correspond to different communication or collaboration user…

Social and Information Networks · Computer Science 2012-10-19 Piotr Bródka , Krzysztof Skibicki , Przemysław Kazienko , Katarzyna Musiał

Multilayer networks proved to be suitable in extracting and providing dependency information of different complex systems. The construction of these networks is difficult and is mostly done with a static approach, neglecting time delayed…

Risk Management · Quantitative Finance 2020-04-14 Giuseppe Brandi , T. Di Matteo

In the seminal work [9], several macroscopic market observables have been introduced, in an attempt to find characteristics capturing the diversity of a financial market. Despite the crucial importance of such observables for investment…

Probability · Mathematics 2018-02-13 Sergio A. Almada Monter , Mykhaylo Shkolnikov , Jiacheng Zhang

I find a topological arrangement of stocks traded in a financial market which has associated a meaningful economic taxonomy. The topological space is a graph connecting the stocks of the portfolio analyzed. The graph is obtained starting…

Statistical Mechanics · Physics 2009-10-31 Rosario N. Mantegna

Connectivity is a fundamental structural feature of a network that determines the outcome of any dynamics that happens on top of it. However, an analytical approach to obtain connection probabilities between nodes associated to paths of…

Atmospheric and Oceanic Physics · Physics 2021-04-28 Enrico Ser-Giacomi , Terence Legrand , Ismael Hernandez-Carrasco , Vincent Rossi

The structure of the supply chain network has important implications for modelling economic systems, from growth trajectories to responses to shocks or natural disasters. However, reconstructing firm-to-firm networks from available…

Physics and Society · Physics 2024-12-23 Leonardo Niccolò Ialongo , Sylvain Bangma , Fabian Jansen , Diego Garlaschelli

Social networks existing among employees, customers or users of various IT systems have become one of the research areas of growing importance. A social network consists of nodes - social entities and edges linking pairs of nodes. In…

Social and Information Networks · Computer Science 2012-07-19 Piotr Bródka , Przemysław Kazienko , Katarzyna Musiał , Krzysztof Skibicki

When studying social, economic and biological systems, one has often access to only limited information about the structure of the underlying networks. An example of paramount importance is provided by financial systems: information on the…

Physics and Society · Physics 2018-10-31 Tiziano Squartini , Guido Caldarelli , Giulio Cimini , Andrea Gabrielli , Diego Garlaschelli

Complex systems are characterized by multiple spatial and temporal scales. A natural framework to capture their multiscale nature is that of multilayer networks, where different layers represent distinct physical processes that often…

Statistical Mechanics · Physics 2024-04-29 Giorgio Nicoletti , Daniel Maria Busiello

Based on the daily data of American and Chinese stock markets, the dynamic behavior of a financial network with static and dynamic thresholds is investigated. Compared with the static threshold, the dynamic threshold suppresses the large…

Statistical Finance · Quantitative Finance 2015-05-18 Tian Qiu , Bo Zheng , Guang Chen

The utilization of multi-layer network structures now enables the explanation of complex systems in nature from multiple perspectives. Multi-layer academic networks capture diverse relationships among academic entities, facilitating the…

Applications · Statistics 2023-08-23 Tianchen Gao , Yan Zhang , Rui Pan , Hansheng Wang

We analyze a coupled anonymized dataset collecting the mobile phone communication and bank transactions history of a large number of individuals. After mapping the social structure and introducing indicators of socioeconomic status,…

Social and Information Networks · Computer Science 2017-12-25 Yannick Leo , Márton Karsai , Carlos Sarraute , Eric Fleury

Using a metric related to the returns correlation, a method is proposed to reconstruct an economic space from the market data. A reduced subspace, associated to the systematic structure of the market, is identified and its dimension related…

Statistical Mechanics · Physics 2016-08-16 R. Vilela Mendes , Tanya Araújo , Francisco Louçã

Since 2008, the network analysis of financial systems is one of the most important subjects in economics. In this paper, we have used the complexity approach and Random Matrix Theory (RMT) for analyzing the global banking network. By…

Statistical Finance · Quantitative Finance 2020-07-30 Ali Namaki , Jamshid Ardalankia , Reza Raei , Leila Hedayatifar , Ali Hosseiny , Emmanuel Haven , G. Reza Jafari

Empirical complex systems must differentially respond to external perturbations and, at the same time, internally distribute information to coordinate their components. While networked backbones help with the latter, they limit the…

Physics and Society · Physics 2025-04-18 Arsham Ghavasieh , Manlio De Domenico

Among the proposed network models, the hidden variable (or good get richer) one is particularly interesting, even if an explicit empirical test of its hypotheses has not yet been performed on a real network. Here we provide the first…

Disordered Systems and Neural Networks · Physics 2009-02-06 D. Garlaschelli , M. I. Loffredo

We apply RMT, Network and MF-DFA methods to investigate correlation, network and multifractal properties of 20 global financial indices. We compare results before and during the financial crisis of 2008 respectively. We find that the…

Statistical Finance · Quantitative Finance 2015-06-04 Sunil Kumar , Nivedita Deo

We consider two applications where we study how dependence structure between many variables is linked to external network data. We first study the interplay between social media connectedness and the co-evolution of the COVID-19 pandemic…

Applications · Statistics 2023-11-14 Jack Jewson , Li Li , Laura Battaglia , Stephen Hansen , David Rossell , Piotr Zwiernik

Many natural systems are organized as networks, in which the nodes (be they cells, individuals or populations) interact in a time-dependent fashion. The dynamic behavior of these networks depends on how these nodes are connected, which can…

Neurons and Cognition · Quantitative Biology 2015-06-22 Anca Radulescu , Sergio Verduzco-Flores