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To monitor risk in temporal financial networks, we need to understand how individual behaviours affect the global evolution of networks. Here we define a structural importance metric - which we denote as $l_e$ - for the edges of a network.…

Computational Engineering, Finance, and Science · Computer Science 2020-12-24 Isobel Seabrook , Paolo Barucca , Fabio Caccioli

High-dimensional autoregressive point processes model how current events trigger or inhibit future events, such as activity by one member of a social network can affect the future activity of his or her neighbors. While past work has…

Machine Learning · Statistics 2020-03-18 Lili Zheng , Garvesh Raskutti , Rebecca Willett , Benjamin Mark

The forecasting of the credit default risk has been an important research field for several decades. Traditionally, logistic regression has been widely recognized as a solution due to its accuracy and interpretability. As a recent trend,…

Computational Finance · Quantitative Finance 2022-09-22 Dangxing Chen , Weicheng Ye , Jiahui Ye

We propose a nonparametric and time-varying directed information graph (TV-DIG) framework to estimate the evolving causal structure in time series networks, thereby addressing the limitations of traditional econometric models in capturing…

Econometrics · Economics 2023-12-29 Jalal Etesami , Ali Habibnia , Negar Kiyavash

We develop a criterion to certify whether causal effects are identifiable in linear structural equation models with latent variables. Linear structural equation models correspond to directed graphs whose nodes represent the random variables…

Statistics Theory · Mathematics 2025-07-25 Nils Sturma , Mathias Drton

We address a classical problem in statistics: adding two-way interaction terms to a regression model. As the covariate dimension increases quadratically, we develop an estimator that adapts well to this increase, while providing accurate…

Methodology · Statistics 2023-09-26 Mark A. van de Wiel , Matteo Amestoy , Jeroen Hoogland

In this paper, we investigate the problem of social link inference in a target Location-aware Social Network (LSN), which aims at predicting the unobserved links between users within the network. This problem is critical for downstream…

Information Retrieval · Computer Science 2021-03-23 Wei Zhang , Xin Lai , Jianyong Wang

Modern neuroimaging technologies, combined with state-of-the-art data processing pipelines, have made it possible to collect longitudinal observations of an individual's brain connectome at different ages. It is of substantial scientific…

Applications · Statistics 2019-08-16 Lu Wang , Zhengwu Zhang

Social influence cannot be identified from purely observational data on social networks, because such influence is generically confounded with latent homophily, i.e., with a node's network partners being informative about the node's…

Methodology · Statistics 2025-01-07 Edward McFowland , Cosma Rohilla Shalizi

With the rapid information explosion on online social network sites (SNSs), it becomes difficult for users to seek new friends or broaden their social networks in an efficient way. Link prediction, which can effectively conquer this…

Social and Information Networks · Computer Science 2022-01-26 Huizi Wu , Shiyi Wang , Hui Fang

We propose a novel class of network models for temporal dyadic interaction data. Our goal is to capture a number of important features often observed in social interactions: sparsity, degree heterogeneity, community structure and…

Machine Learning · Statistics 2018-10-30 Xenia Miscouridou , François Caron , Yee Whye Teh

With the rapid growth of Internet applications, sequential prediction in collaborative filtering has become an emerging and crucial task. Given the behavioral history of a specific user, predicting his or her next choice plays a key role in…

Information Retrieval · Computer Science 2017-01-30 Qiang Liu , Shu Wu , Liang Wang

This paper considers a linear panel model with interactive fixed effects and unobserved individual and time heterogeneities that are captured by some latent group structures and an unknown structural break, respectively. To enhance realism…

Econometrics · Economics 2023-08-01 Yiren Wang , Peter C B Phillips , Liangjun Su

The prediction of both the existence and weight of network links at future time points is essential as complex networks evolve over time. Traditional methods, such as vector autoregression and factor models, have been applied to small,…

General Economics · Economics 2024-10-15 Shu Takahashi , Kento Yamamoto , Shumpei Kobayashi , Ryoma Kondo , Ryohei Hisano

Longitudinal studies of a binary outcome are common in the health, social, and behavioral sciences. In general, a feature of random effects logistic regression models for longitudinal binary data is that the marginal functional form, when…

According to the leading models in modern finance, the presence of intraday lead-lag relationships between financial assets is negligible in efficient markets. With the advance of technology, however, markets have become more sophisticated.…

Statistical Finance · Quantitative Finance 2014-01-03 Chester Curme , Michele Tumminello , Rosario N. Mantegna , H. Eugene Stanley , Dror Y. Kenett

The global financial crisis in 2007-2009 demonstrated that systemic risk can spread all over the world through a complex web of financial linkages, yet we still lack fundamental knowledge about the evolution of the financial web. In…

Statistical Finance · Quantitative Finance 2018-06-11 Teruyoshi Kobayashi , Taro Takaguchi

We propose a novel strategy for multivariate extreme value index estimation. In applications such as finance, volatility and risk present in the components of a multivariate time series are often driven by the same underlying factors, such…

Statistics Theory · Mathematics 2020-03-24 Joni Virta , Niko Lietzén , Lauri Viitasaari , Pauliina Ilmonen

Financial networks are typically estimated by applying standard time series analyses to price-based economic variables collected at low-frequency (e.g., daily or monthly stock returns or realized volatility). These networks are used for…

Statistical Finance · Quantitative Finance 2022-08-09 Kara Karpman , Sumanta Basu , David Easley

Latent class analysis (LCA) is a useful tool to investigate the heterogeneity of a disease population with time-to-event data. We propose a new method based on non-parametric maximum likelihood estimator (NPMLE), which facilitates…

Methodology · Statistics 2022-02-03 Teng Fei , John Hanfelt , Limin Peng