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Related papers: Shareholding Networks in Japan

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We provide an empirical investigation aimed at uncovering the statistical properties of intricate stock trading networks based on the order flow data of a highly liquid stock (Shenzhen Development Bank) listed on Shenzhen Stock Exchange…

Statistical Finance · Quantitative Finance 2015-03-13 Zhi-Qiang Jiang , Wei-Xing Zhou

In this paper, we quantitatively investigate the statistical properties of a statistical ensemble of stock prices. We selected 1200 stocks traded on the Tokyo Stock Exchange, and formed a statistical ensemble of daily stock prices for each…

Physics and Society · Physics 2015-06-26 Taisei Kaizoji

We investigated the temporally evolving network structures of the Japanese and Korean stock markets through the minimum spanning trees composed of listed stocks. We tested the validity of conventional grouping by industrial categories, and…

Physics and Society · Physics 2008-12-02 Woo-Sung Jung , Okyu Kwon , Taisei Kaizoji , Seungbyung Chae , Hie-Tae Moon

--- the companies populating a Stock market, along with their connections, can be effectively modeled through a directed network, where the nodes represent the companies, and the links indicate the ownership. This paper deals with this…

Statistical Finance · Quantitative Finance 2018-07-26 Roy Cerqueti , Giulia Rotundo , Marcel Ausloos

In this paper we examine inefficiencies and information disparity in the Japanese stock market. By carefully analysing information publicly available on the internet, an `outsider' to conventional statistical arbitrage strategies--which are…

Trading and Market Microstructure · Quantitative Finance 2010-03-09 Dorje C. Brody , Julian Brody , Bernhard K. Meister , Matthew F. Parry

Research in network science has shown that many naturally occurring and technologically constructed networks are scale free, that means a power law degree distribution emerges from a growth model in which each new node attaches to the…

Physics and Society · Physics 2009-11-11 Michael Schnegg

Since governments give stimulus to firms and expect the spillover effect by fiscal policies, it is important to know the effectiveness that they can control the economy. To clarify the controllability of the economy, we investigate a firm…

General Finance · Quantitative Finance 2016-04-06 Hiroyasu Inoue

In order to study the phenomenon in detail that income distribution follows Pareto law, we analyze the database of high income companies in Japan. We find a quantitative relation between the average capital of the companies and the Pareto…

Other Condensed Matter · Physics 2009-11-10 Atushi Ishikawa

Power law distribution is common in real-world networks including online social networks. Many studies on complex networks focus on the characteristics of vertices, which are always proved to follow the power law. However, few researches…

Social and Information Networks · Computer Science 2015-06-12 Xiaohan Wang , Zhaoqun Chen , Pengfei Liu , Yuantao Gu

A bipartite producer-consumer network is constructed to describe the industrial structure. The edges from consumer to producer represent the choices of the consumer for the final products and the degree of producer can represent its market…

Physics and Society · Physics 2009-11-11 Wang Dahui , Zhou Li , Di Zengru

Many natural, physical and social networks commonly exhibit power-law degree distributions. In this paper, we discover previously unreported asymmetrical patterns in the degree distributions of incoming and outgoing links in the…

Social and Information Networks · Computer Science 2015-07-17 Jianxi Luo , Daniel E. Whitney

Based on the empirical analysis of the dependency network in 18 Java projects, we develop a novel model of network growth which considers both: an attachment mechanism and the addition of new nodes with a heterogeneous distribution of their…

Physics and Society · Physics 2015-05-19 Claudio J. Tessone , Markus M. Geipel , F. Schweitzer

The persistence phenomenon is studied in the Japanese financial market by using a novel mapping of the time evolution of the values of shares quoted on the Nikkei Index onto Ising spins. The method is applied to historical end of day data…

Statistical Finance · Quantitative Finance 2008-12-02 S. Jain , T. Yamano

We propose a network description of large market investments, where both stocks and shareholders are represented as vertices connected by weighted links corresponding to shareholdings. In this framework, the in-degree ($k_{in}$) and the sum…

Statistical Mechanics · Physics 2009-02-06 Diego Garlaschelli , Stefano Battiston , Maurizio Castri , Vito D. P. Servedio , Guido Caldarelli

We introduce a new family of models for growing networks. In these networks new edges are attached preferentially to vertices with higher number of connections, and new vertices are created by already existing ones, inheriting part of their…

Statistical Mechanics · Physics 2009-11-07 S. N. Dorogovtsev , A. N. Samukhin , J. F. F. Mendes

Network analysis techniques remain rarely used for understanding international management strategies. Our paper highlights their value as research tool in this field of social science using a large set of micro-data (20,000) to investigate…

General Finance · Quantitative Finance 2017-07-19 Jean-Pascal Bassino , Pablo Jensen , Matteo Morini

We use the exponential random graph models to understand the network structure and its generative process for the Japanese bipartite network of banks and firms. One of the well known and simple model of exponential random graph is the…

Physics and Society · Physics 2019-06-28 Abhijit Chakraborty , Hazem Krichene , Hiroyasu Inoue , Yoshi Fujiwara

We investigate the structure of global inter-firm linkages using a dataset that contains information on business partners for about 400,000 firms worldwide, including all the firms listed on the major stock exchanges. Among the firms, we…

Physics and Society · Physics 2015-05-12 Takayuki Mizuno , Takaaki Ohnishi , Tsutomu Watanabe

We analyze the distribution of income and income tax of individuals in Japan for the fiscal year 1998. From the rank-size plots we find that the accumulated probability distribution of both data obey a power law with a Pareto exponent very…

Statistical Mechanics · Physics 2008-12-02 Hideaki Aoyama , Yuichi Nagahara , Mitsuhiro P. Okazaki , Wataru Souma , Hideki Takayasu , Misako Takayasu

We propose a model to create synthetic networks that may also serve as a narrative of a certain kind of infrastructure network evolution. It consists of an initialization phase with the network extending tree-like for minimum cost and a…

Physics and Society · Physics 2016-02-09 Paul Schultz , Jobst Heitzig , Jürgen Kurths