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In the current era of worldwide stock market interdependencies, the global financial village has become increasingly vulnerable to systemic collapse. The recent global financial crisis has highlighted the necessity of understanding and…

General Finance · Quantitative Finance 2014-08-05 Wei Li , Dror Y. Kenett , Kazuko Yamasaki , H. Eugene Stanley , Shlomo Havlin

By applying network analysis techniques to large input-output system, we identify key sectors in the local/regional economy. We overcome the limitations of traditional measures of centrality by using random-walk based measures, as an…

General Economics · Economics 2022-09-30 Fernando DePaolis , Phil Murphy , M. Clara DePaolis Kaluza

This work applies Matrix Completion (MC) -- a class of machine-learning methods commonly used in the context of recommendation systems -- to analyse economic complexity. MC is applied to reconstruct the Revealed Comparative Advantage (RCA)…

General Economics · Economics 2021-09-10 Gnecco Giorgio , Nutarelli Federico , Riccaboni Massimo

In financial predictions, the performance of machine learning models is often assessed by Rank IC, which is the Spearman rank correlation between the model predictions and the realized asset returns. Despite its wide adoption, most existing…

Machine Learning · Computer Science 2026-05-04 Yan Lin , Yihong Su , Yi Yang

This paper investigates how Large Language Models (LLMs) from leading providers (OpenAI, Google, Anthropic, DeepSeek, and xAI) can be applied to quantitative sector-based portfolio construction. We use LLMs to identify investable universes…

Portfolio Management · Quantitative Finance 2026-01-01 Alina Voronina , Oleksandr Romanko , Ruiwen Cao , Roy H. Kwon , Rafael Mendoza-Arriaga

To reject the Efficient Market Hypothesis a set of 5 technical indicators and 23 fundamental indicators was identified to establish the possibility of generating excess returns on the stock market. Leveraging these data points and various…

Statistical Finance · Quantitative Finance 2021-03-17 Jaideep Singh , Matloob Khushi

We quantify the amount of information filtered by different hierarchical clustering methods on correlations between stock returns comparing it with the underlying industrial activity structure. Specifically, we apply, for the first time to…

Statistical Finance · Quantitative Finance 2023-07-19 Nicolo Musmeci , Tomaso Aste , Tiziana Di Matteo

Models for the production of knowledge and systems of innovation and science are key elements for characterizing a country in view of its scientific thematic profile. With regard to scientific output and publication in journals of…

Digital Libraries · Computer Science 2026-02-19 Felix Moya-Anegon , Victor Herrero-Solana

Although machine learning approaches have been widely used in the field of finance, to very successful degrees, these approaches remain bespoke to specific investigations and opaque in terms of explainability, comparability, and…

Trading and Market Microstructure · Quantitative Finance 2022-06-22 Artur Sokolovsky , Luca Arnaboldi

Stock trend forecasting, which forecasts stock prices' future trends, plays an essential role in investment. The stocks in a market can share information so that their stock prices are highly correlated. Several methods were recently…

Statistical Finance · Quantitative Finance 2022-01-21 Wentao Xu , Weiqing Liu , Lewen Wang , Yingce Xia , Jiang Bian , Jian Yin , Tie-Yan Liu

Current course recommender systems primarily leverage learner-course interactions, course content, learner preferences, and supplementary course details like instructor, institution, ratings, and reviews, to make their recommendation.…

Information Retrieval · Computer Science 2024-05-02 Jibril Frej , Anna Dai , Syrielle Montariol , Antoine Bosselut , Tanja Käser

The measured correlations of financial time series in subsequent epochs change considerably as a function of time. When studying the whole correlation matrices, quasi-stationary patterns, referred to as market states, are seen by applying…

Statistical Finance · Quantitative Finance 2020-11-03 Anton J. Heckens , Sebastian M. Krause , Thomas Guhr

A groundswell of recent work has focused on improving data management systems with learned components. Specifically, work on learned index structures has proposed replacing traditional index structures, such as B-trees, with learned models.…

Attributed Graph Clustering (AGC) is a fundamental unsupervised task that partitions nodes into cohesive groups by jointly modeling structural topology and node attributes. While the advent of graph neural networks and self-supervised…

Machine Learning · Computer Science 2026-03-24 Yunhui Liu , Yue Liu , Yongchao Liu , Tao Zheng , Stan Z. Li , Xinwang Liu , Tieke He

We study learning dynamics in distributed production economies such as blockchain mining, peer-to-peer file sharing and crowdsourcing. These economies can be modelled as multi-product Cournot competitions or all-pay auctions (Tullock…

Computer Science and Game Theory · Computer Science 2021-03-18 Yun Kuen Cheung , Stefanos Leonardos , Georgios Piliouras

Globally trained scientific labor is a substantial component of U.S. universities, yet the organizational mechanisms linking foreign degree training to elite scientific output remain poorly understood. We link comprehensive U.S. faculty…

Digital Libraries · Computer Science 2026-05-19 Erjia Yan , Chaoqun Ni , Xiang Zheng

The importance of supply chain management in analyzing and later catalyzing economic expectations while simultaneously prioritizing cleaner production aspects is a vital component of modern finance. Such predictions, though, are often known…

General Finance · Quantitative Finance 2020-03-03 Amit K Chattopadhyay , Biswajit Debnath , Rihab El-Hassani , Sadhan Kumar Ghosh , Rahul Baidya

We develop an analytically tractable model featuring heterogeneous workers and firms, where labor markets clear through a one-to-many sorting mechanism. Firms determine both the number and composition of their employees, shaping (1) the…

Theoretical Economics · Economics 2026-03-11 Paweł Gola , Haozhou Tang

The semiconductor industry is foundational to modern technology, yet its complex global multi-relational firm network remains poorly understood, posing challenges to scientists, firms, and policymakers. Traditional analysis relies on…

Network connections, both across and within markets, are central in countless economic contexts. In recent decades, a large literature has developed and applied flexible methods for measuring network connectedness and its evolution, based…

Econometrics · Economics 2025-12-19 Bastien Buchwalter , Francis X. Diebold , Kamil Yilmaz