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Climate is an evolving complex system with dynamic interactions and non-linear feedback mechanisms, shaping environmental and socio-economic outcomes. Crop production is highly sensitive to climatic fluctuations (and many other…

The correct understanding of commodity price dynamics can bring relevant improvements in terms of policy formulation both for developing and developed countries. Agricultural, metal and energy commodity prices might depend on each other:…

Economics · Quantitative Finance 2016-10-13 Luca Barbaglia , Ines Wilms , Christophe Croux

Trading a financial asset pushes its price as well as the prices of other assets, a phenomenon known as cross-impact. The empirical estimation of this effect on complex financial instruments, such as derivatives, is an open problem. To…

Trading and Market Microstructure · Quantitative Finance 2022-03-30 Mehdi Tomas , Iacopo Mastromatteo , Michael Benzaquen

There are a number of situations in which several signals are simultaneously recorded in complex systems, which exhibit long-term power-law cross-correlations. The multifractal detrended cross-correlation analysis (MF-DCCA) approaches can…

Statistical Finance · Quantitative Finance 2015-03-19 Zhi-Qiang Jiang , Wei-Xing Zhou

We analyze the market efficiency of 25 commodity futures across various groups -- metals, energies, softs, grains and other agricultural commodities. To do so, we utilize recently proposed Efficiency Index to find that the most efficient of…

Statistical Finance · Quantitative Finance 2013-09-09 Ladislav Kristoufek , Miloslav Vosvrda

In plant breeding the presence of a genotype by environment (GxE) interaction has a strong impact on cultivation decision making and the introduction of new crop cultivars. The combination of linear and bilinear terms has been shown to be…

Machine Learning · Statistics 2022-07-04 AntÔnia A. L. Dos Santos , Rafael A. Moral , Danilo A. Sarti , Andrew C. Parnell

Stock market comovements are examined using cointegration, Granger causality tests and nonlinear approaches in context of mutual information and correlations. Underlying data sets are affected by non-stationarities and trends, we also apply…

Statistical Finance · Quantitative Finance 2017-07-07 Paulo Ferreira , Andreia Dionísio , S. M. S. Movahed

In this chapter we studied the nonlinear co-movements between the Mexican Crude Oil price, the Mexican Stock Market Index and the USD/MXN Exchange Rate, for the sample period from 1994 to date. We used a battery of nonlinear tests, cf.…

Statistical Finance · Quantitative Finance 2016-02-11 Semei Coronado , Omar Rojas

Fluctuation theorems show how coarse graining transforms microscopic symmetry into observable irreversibility. Here we ask whether an analogous symmetrybased diagnostic can be constructed for financial markets. At the microscopic level,…

Statistical Mechanics · Physics 2026-04-17 Jian Gao , Lufeng Zhang , Ping Fang , Pu Ke , Jin Wu , Yue Liu , Haijun Zhou

This paper constructs a global economic policy uncertainty index through the principal component analysis of the economic policy uncertainty indices for twenty primary economies around the world. We find that the PCA-based global economic…

General Economics · Economics 2022-08-23 Peng-Fei Dai , Xiong Xiong , Wei-Xing Zhou

This paper introduces a Bayesian hierarchical modeling framework within a fully probabilistic setting for crop yield estimation, model selection, and uncertainty forecasting under multiple future greenhouse gas emission scenarios. By…

Applications · Statistics 2025-07-30 Dan Li , Vassili Kitsios , David Newth , Terence John O'Kane

This paper aims to examine whether the global economic policy uncertainty (GEPU) and uncertainty changes have different impacts on crude oil futures volatility. We establish single-factor and two-factor models under the GARCH-MIDAS…

Statistical Finance · Quantitative Finance 2022-08-23 Peng-Fei Dai , Xiong Xiong , Wei-Xing Zhou

With escalating macroeconomic uncertainty, the risk interlinkages between energy and food markets have become increasingly complex, posing serious challenges to global energy and food security. This paper proposes an integrated framework…

General Economics · Economics 2025-10-29 Yun-Shi Dai , Peng-Fei Dai , Stéphane Goutte , Duc Khuong Nguyen , Wei-Xing Zhou

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

Interstellar medium is turbulent and this induces relative motions of dust grains. We calculate relative velocities of charged grains in a partially ionized magnetized gas. We account for anisotropy of magnetohydrodynamic (MHD) turbulence,…

Astrophysics · Physics 2009-11-07 A. Lazarian , Huirong Yan

Grain rotation and grain boundary (GB) sliding are two important mechanisms for grain coarsening and plastic deformation in nanocrystalline materials. They are in general coupled with GB migration and the resulting dynamics, driven by…

Materials Science · Physics 2014-12-30 Anup Basak , Anurag Gupta

A novel continuum theory of incoherent interfaces with triple junctions is applied to study three-dimensional coupled grain boundary (GB) motion in polycrystalline materials. The kinetic relations for grain dynamics, relative sliding and…

Materials Science · Physics 2017-02-08 Anup Basak , Anurag Gupta

This paper investigates the time-varying impacts of international macroeconomic uncertainty shocks. We use a global vector autoregressive specification with drifting coefficients and factor stochastic volatility in the errors to model six…

Econometrics · Economics 2019-12-18 Michael Pfarrhofer

By adopting Multifractal detrended fluctuation (MF-DFA) analysis methods, the multifractal nature is revealed in the high-frequency data of two typical indexes, the Shanghai Stock Exchange Composite 180 Index (SH180) and the Shenzhen Stock…

Statistical Finance · Quantitative Finance 2018-06-21 Xin-Lan Fu , Xing-Lu Gao , Zheng Shan , Zhi-Qiang Jiang , Wei-Xing Zhou

Grain boundaries (GBs) and interfaces in polycrystalline materials are significant research subjects in the field of materials science. Despite a more than 50-year history of their study, there are still many open questions. The main…

Materials Science · Physics 2021-06-28 Arslan B. Mazitov , Artem R. Oganov