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This article investigates the causality structure of financial time series. We concentrate on three main approaches to measuring causality: linear Granger causality, kernel generalisations of Granger causality (based on ridge regression and…

Computational Finance · Quantitative Finance 2014-06-17 Anna Zaremba , Tomaso Aste

Studying extreme events and how they evolve in a changing climate is one of the most important current scientific challenges. Starting from complex climate models, a key difficulty is to be able to run long enough simulations in order to…

Atmospheric and Oceanic Physics · Physics 2017-12-27 Francesco Ragone , Jeroen Wouters , Freddy Bouchet

The growing complexity and volume of climate science literature make it increasingly difficult for researchers to find relevant information across models, datasets, regions, and variables. This paper introduces a domain-specific Knowledge…

Computation and Language · Computer Science 2025-09-15 Mustapha Adamu , Qi Zhang , Huitong Pan , Longin Jan Latecki , Eduard C. Dragut

This paper proposes a novel framework for enhancing the prediction accuracy and lead time of El Ni\~no events, crucial for mitigating their global climatic, economic, and societal impacts. Traditional prediction models often rely on oceanic…

Machine Learning · Computer Science 2026-04-08 Viet Trinh , Ha-Vy Luu , Quoc-Khiem Nguyen-Pham , Hung Tong , Thanh-Huyen Tran , Hoai-Nam Nguyen Dang

Correlation matrices contain a wide variety of spatio-temporal information about a dynamical system. Predicting correlation matrices from partial time series information of a few nodes characterizes the spatio-temporal dynamics of the…

Machine Learning · Computer Science 2023-03-14 Nikhil Easaw , Woo Seok Lee , Prashant Singh Lohiya , Sarika Jalan , Priodyuti Pradhan

The description of the dynamics of complex systems, in particular the capture of the interaction structure and causal relationships between elements of the system, is one of the central questions of interdisciplinary research. While the…

Machine Learning · Statistics 2025-04-30 Jakub Kořenek , Pavel Sanda , Jaroslav Hlinka

Dependence between nodes in a network is an important concept that pervades many areas including finance, politics, sociology, genomics and the brain sciences. One way to characterize dependence between components of a multivariate time…

Machine Learning · Statistics 2024-08-08 Malik Shahid Sultan , Samuel Horvath , Hernando Ombao

Granger causality, a popular method for determining causal influence between stochastic processes, is most commonly estimated via linear autoregressive modeling. However, this approach has a serious drawback: if the process being modeled…

Statistics Theory · Mathematics 2016-06-29 Lionel Barnett , Anil K. Seth

This paper addresses the problem of inferring circulation of information between multiple stochastic processes. We discuss two possible frameworks in which the problem can be studied: directed information theory and Granger causality. The…

Information Theory · Computer Science 2011-11-02 Pierre-Olivier Amblard , Olivier J. J. Michel

The fact that the Earth climate is a highly complex dynamical system is well-known. In the last few decades a lot of effort has been focused on understanding how climate phenomena in one geographical region affects the climate of other…

Chaotic Dynamics · Physics 2015-06-17 J. Ignacio Deza , Cristina Masoller , Marcelo Barreiro

The El Ni\~no Southern Oscillation (ENSO) is the strongest driver of interannual global climate variability and can lead to extreme weather events like droughts and flooding. Additionally, ENSO influences the mean global temperature with…

Atmospheric and Oceanic Physics · Physics 2025-02-04 J. Ludescher , J. Meng , J. Fan , A. Bunde , H. J. Schellnhuber

In the post-crisis era, financial regulators and policymakers are increasingly interested in data-driven tools to measure systemic risk and to identify systemically important firms. Granger Causality (GC) based techniques to build networks…

Statistical Finance · Quantitative Finance 2022-07-27 Kara Karpman , Samriddha Lahiry , Diganta Mukherjee , Sumanta Basu

Causal relationships play a fundamental role in understanding the world around us. The ability to identify and understand cause-effect relationships is critical to making informed decisions, predicting outcomes, and developing effective…

Statistical Mechanics · Physics 2025-09-10 Sergio Chibbaro , Cyril Furtlehner , Théo Marchetta , Andrei-Tiberiu Pantea , Davide Rossetti

The identification of regions of similar climatological behavior can be utilized for the discovery of spatial relationships over long-range scales, including teleconnections. In this regard, the global picture of the interdependence…

Atmospheric and Oceanic Physics · Physics 2022-05-06 Zhen Su , Henning Meyerhenke , Jürgen Kurths

The provision of accurate methods for predicting the climate response to anthropogenic and natural forcings is a key contemporary scientific challenge. Using a simplified and efficient open-source general circulation model of the atmosphere…

Atmospheric and Oceanic Physics · Physics 2016-05-25 Valerio Lucarini , Frank Lunkeit , Francesco Ragone

A pressing question resulting from global warming is how infectious diseases will be affected by climate change. Answering this question requires research into the effects of weather on the population dynamics of transmission and infection;…

Populations and Evolution · Quantitative Biology 2024-02-21 Laura Andrea Barrero Guevara , Sarah C Kramer , Tobias Kurth , Matthieu Domenech de Cellès

Most of the existing prediction methods gave a false alarm regarding the El Ni\~no event in 2014. A crucial aspect is currently limiting the success of such predictions, i.e. the stability of the slowly varying Pacific climate. This…

Atmospheric and Oceanic Physics · Physics 2017-08-31 Qing Yi Feng , Henk A. Dijkstra

Granger causality analysis, as one of the most popular time series causality methods, has been widely used in the economics, neuroscience. However, unobserved confounders is a fundamental problem in the observational studies, which is still…

Machine Learning · Computer Science 2019-09-10 Yuan Meng

Changes in the atmospheric composition alter the magnitude and partitioning between the downward propagating solar and atmospheric longwave radiative fluxes heating the Earth's surface. These changes are computed by radiative transfer codes…

Atmospheric and Oceanic Physics · Physics 2020-04-30 Chirag Dhara

The key to traffic prediction is to accurately depict the temporal dynamics of traffic flow traveling in a road network, so it is important to model the spatial dependence of the road network. The essence of spatial dependence is to…

Machine Learning · Computer Science 2023-06-28 Silu He , Qinyao Luo , Ronghua Du , Ling Zhao , Haifeng Li