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We study the tick dynamical behavior of the yen-dollar exchange rate using the rescaled range analysis in financial market. It is found that the multifractal Hurst exponents with the short and long-run memory effects can be obtained from…

Statistical Mechanics · Physics 2015-06-24 Kyungsik Kim , Seong-Min Yoon , Jum-Soo Choi

In this paper, the synchronization in a hyper-network of coupled dynamical systems is investigated for the first time. An evolving hyper-network model is proposed for better describing some complex systems. A concept of joint degree is…

Adaptation and Self-Organizing Systems · Physics 2015-03-13 Zhaoyan Wu , Jinqiao Duan , Xinchu Fu

Specialized topics on financial data analysis from a numerical and physical point of view are discussed. They pertain to the analysis of crash prediction in stock market indices and to the persistence or not of coherent and random sequences…

Condensed Matter · Physics 2007-05-23 M. Ausloos , K. Ivanova

Synchronization is of central importance in power distribution, telecommunication, neuronal, and biological networks. Many networks are observed to produce patterns of synchronized clusters, but it has been difficult to predict these…

We study synchronization phenomenon in a self-correcting population of noisy phase oscillators with randomly distributed natural frequencies. In our model each oscillator stochastically switches its phase to the ensemble-averaged value…

Adaptation and Self-Organizing Systems · Physics 2016-03-17 Sergey Belan

We first show that there are in fact triangular arbitrage opportunities in the spot foreign exchange markets, analyzing the time dependence of the yen-dollar rate, the dollar-euro rate and the yen-euro rate. Next, we propose a model of…

Statistical Mechanics · Physics 2009-11-07 Yukihiro Aiba , Naomichi Hatano , Hideki Takayasu , Kouhei Marumo , Tokiko Shimizu

We study the phase transition of dynamical herd behaviors for the yen-dollar exchange rate in the Japanese financial market. It is obtained that the probability distribution of returns satisfies the power-law behavior with three different…

Statistical Mechanics · Physics 2008-12-02 Kyungsik Kim , Seong-Min Yoon

An analysis of transition from chaotic to nonchaotic behavior and synchronization in an ensemble of systems driven by identical random forces is presented. The synchronization phenomenon is investigated in the ensemble of particles moving…

chao-dyn · Physics 2015-06-24 B. Kaulakys , F. Ivanauskas , T. Meskauskas

We have analyzed the Indices of Industrial Production (Seasonal Adjustment Index) for a long period of 240 months (January 1988 to December 2007) to develop a deeper understanding of the economic shocks. The angular frequencies estimated…

Statistical Finance · Quantitative Finance 2013-05-13 Yuichi Ikeda , Hideaki Aoyama , Hiroshi Iyetomi , Hiroshi Yoshikawa

An expanding literature articulates the view that Taylor rules are helpful in predicting exchange rates. In a changing world however, Taylor rule parameters may be subject to structural instabilities, for example during the Global Financial…

Statistical Finance · Quantitative Finance 2014-03-05 Joseph Byrne , Dimitris Korobilis , Pinho Ribeiro

World currency network constitutes one of the most complex structures that is associated with the contemporary civilization. On a way towards quantifying its characteristics we study the cross correlations in changes of the daily foreign…

Statistical Finance · Quantitative Finance 2009-11-13 S. Drozdz , A. Z. Gorski , J. Kwapien

Any economic agent constituting the monetary economy maintains the activity of monetary flow equilibration for fulfilling the condition of monetary flow continuity in the record, except at the central bank. At the same time, monetary flow…

Computational Engineering, Finance, and Science · Computer Science 2007-05-23 Koichiro Matsuno

Recently, the first-order synchronization transition has been studied in systems of coupled phase oscillators. In this paper, we propose a framework to investigate the synchronization in the frequency-weighted Kuramoto model with all-to-all…

Adaptation and Self-Organizing Systems · Physics 2015-11-18 Can Xu , Yuting Sun , Jian Gao , Tian Qiu , Zhigang Zheng , Shuguang Guan

Synchronization is a ubiquitous phenomenon in nature and we propose its new perspective in ultrafast dynamics in interacting electron systems. In particular, using graphene irradiated by an intense bi-circular pulse laser as a prototypical…

Strongly Correlated Electrons · Physics 2019-10-02 Tanay Nag , Robert-Jan Slager , Takuya Higuchi , Takashi Oka

The stability of synchronization state in networks of oscillators are studied under the assumption that oscillators and their couplings have slightly mismatched parameters. A generalized master stability function is provided that takes the…

Dynamical Systems · Mathematics 2014-07-29 Saeed Manaffam , Alireza Seyedi

Synchronization is of importance in both fundamental and applied physics, but their demonstration at the micro/nanoscale is mainly limited to low-frequency oscillations like mechanical resonators. Here, we report the synchronization of two…

Optics · Physics 2019-07-09 Da Xu , Zi-Zhao Han , Yu-Kun Lu , Qihuang Gong , Cheng-Wei Qiu , Gang Chen , Yun-Feng Xiao

This paper presents a distributed hybrid algorithm that synchronizes the time and rate of a set of clocks connected over a network. Clock measurements of the nodes are given at aperiodic time instants and the controller at each node uses…

Optimization and Control · Mathematics 2022-07-11 Marcello Guarro , Ricardo G. Sanfelice

The emerging system at the European level can be conceptualized as a pattern of relations among member states that tends to be reproduced despite disturbances in individual trajectories. The Markov property is used as an indicator of…

Data Analysis, Statistics and Probability · Physics 2010-01-26 Loet Leydesdorff , Nienke Oomes

Peaks signify important events in a signal. In a pair of signals how peaks are occurring with mutual correspondence may offer us significant insights into the mutual interdependence between the two signals based on important events. In this…

Methodology · Statistics 2015-01-15 Rahul Biswas , Koulik Khamaru , Kaushik Majumdar

We study the dynamics of the linear and non-linear serial dependencies in financial time series in a rolling window framework. In particular, we focus on the detection of episodes of statistically significant two- and three-point…

Statistical Finance · Quantitative Finance 2013-01-10 Milan Žukovič