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This paper uses predictive densities obtained via mixed causal-noncausal autoregressive models to evaluate the statistical sustainability of Brazilian inflation targeting system with the tolerance bounds. The probabilities give an…

Econometrics · Economics 2022-07-26 Alain Hecq , Joao Issler , Elisa Voisin

This paper proposes a novel joint non-binary network-channel code for the Time-Division Decode-and-Forward Multiple Access Relay Channel (TD-DF-MARC), where the relay linearly combines -- over a non-binary finite field -- the coded…

Information Theory · Computer Science 2016-11-15 Mikel Hernaez , Pedro M. Crespo , Javier Del Ser

The financial crisis of 2007/08 caused catastrophic consequences and brought a bunch of changes around the world. Interest rates that were known to follow or behave similarly of each other diverged. Furthermore, the regulation and in…

Pricing of Securities · Quantitative Finance 2017-03-06 Jorge Inigo

Counterfactual estimation using synthetic controls is one of the most successful recent methodological developments in causal inference. Despite its popularity, the current description only considers time series aligned across units and…

Machine Learning · Statistics 2021-02-03 Alexis Bellot , Mihaela van der Schaar

Multifractal structure of global monthly mean temperature anomaly time series over the period of 1850-2012 are studied in terms of the multifractal detrended moving average (MFDMA) analysis. We try to address the possible source(s) and the…

Atmospheric and Oceanic Physics · Physics 2017-08-17 Provash Mali

The intraday pattern, long memory, and multifractal nature of the intertrade durations, which are defined as the waiting times between two consecutive transactions, are investigated based upon the limit order book data and order flows of 23…

Trading and Market Microstructure · Quantitative Finance 2008-12-18 Zhi-Qiang Jiang , Wei Chen , Wei-Xing Zhou

Crude oil is a major component in most advanced economies of the world. Accurately predicting and understanding the behavior of crude oil prices is important for economists, analysts, forecasters, and traders, to name a few. The price of…

Machine Learning · Computer Science 2018-11-26 Ganapathy S. Natarajan , Aishwarya Ashok

This paper looks into the analysis of the long-range auto-correlations and cross-correlations in bond market. Based on Detrended Moving Average (DMA) method, empirical results present a clear evidence of long-range persistence that exists…

Statistical Finance · Quantitative Finance 2017-06-07 Zhongxing Wang , Yan Yan , Xiaosong Chen

This study considers the multivariate segmentation procedure under the assumption of the multivariate Gaussian mixture. Jensen-Shannon divergence between two multivariate Gaussian distributions is employed as a discriminator and a recursive…

Statistical Finance · Quantitative Finance 2012-05-03 Aki-Hiro Sato

Sensors are the key to environmental monitoring, which impart benefits to smart cities in many aspects, such as providing real-time air quality information to assist human decision-making. However, it is impractical to deploy massive…

Machine Learning · Computer Science 2024-04-24 Junfeng Hu , Yuxuan Liang , Zhencheng Fan , Li Liu , Yifang Yin , Roger Zimmermann

Split conformal prediction has recently sparked great interest due to its ability to provide formally guaranteed uncertainty sets or intervals for predictions made by black-box neural models, ensuring a predefined probability of containing…

Machine Learning · Computer Science 2024-01-29 António Farinhas , Chrysoula Zerva , Dennis Ulmer , André F. T. Martins

Many models and real complex systems possess critical thresholds at which the systems shift from one sate to another. The discovery of the early warnings of the systems in the vicinity of critical point are of great importance to estimate…

Statistical Mechanics · Physics 2017-02-08 Longfeng Zhao , Wei Li , Chunbin Yang , Jihui Han , Zhu Su , Yijiang Zou , Xu Cai

This contribution addresses the question commonly asked in scientific literature about the sources of multifractality in time series. Two primary sources are typically considered. These are temporal correlations and heavy tails in the…

Data Analysis, Statistics and Probability · Physics 2025-01-16 Robert Kluszczyński , Stanisław Drożdż , Jarosław Kwapień , Tomasz Stanisz , Marcin Wątorek

We analyze daily prices of 29 commodities and 2449 stocks, each over a period of $\approx 15$ years. We find that the price fluctuations for commodities have a significantly broader multifractal spectrum than for stocks. We also propose…

Statistical Mechanics · Physics 2009-11-10 Kaushik Matia , Yosef Ashkenazy , H. Eugene Stanley

In many fields and applications count data can be subject to delayed reporting. This is where the total count, such as the number of disease cases contracted in a given week, may not be immediately available, instead arriving in parts over…

Applications · Statistics 2019-11-25 Oliver Stoner , Theo Economou

The association between log-price increments of exchange-traded equities, as measured by their spot correlation estimated from high-frequency data, exhibits a pronounced upward-sloping and almost piecewise linear relationship at the…

Econometrics · Economics 2026-01-16 Kim Christensen , Ulrich Hounyo , Zhi Liu

Although conventional machine learning algorithms have been widely adopted for stock-price predictions in recent years, the massive volume of specific labeled data required are not always available. In contrast, meta-learning technology…

Machine Learning · Computer Science 2022-02-18 Shin-Hung Chang , Cheng-Wen Hsu , Hsing-Ying Li , Wei-Sheng Zeng , Jan-Ming Ho

Target-oriented multimodal sentiment classification seeks to predict sentiment polarity for specific targets from image-text pairs. While existing works achieve competitive performance, they often over-rely on textual content and fail to…

Computation and Language · Computer Science 2025-09-12 Zhiyue Liu , Fanrong Ma , Xin Ling

Stock trend classification remains a fundamental yet challenging task, owing to the intricate time-evolving dynamics between and within stocks. To tackle these two challenges, we propose a graph-based representation learning approach aimed…

Statistical Finance · Quantitative Finance 2024-06-17 Zinuo You , Pengju Zhang , Jin Zheng , John Cartlidge

This paper reviews intermodal transportation systems and their role in decarbonizing freight networks from an operations research perspective, analyzing over a decade of studies (2010-2024). We present a chronological analysis of the…

Optimization and Control · Mathematics 2025-03-18 Madelaine Martinez Ferguson , Aliza Sharmin , Mustafa Can Camur , Xueping Li