Li, Wei-Shen; Liaw, Sy-Sang - In: Physica A: Statistical Mechanics and its Applications 422 (2015) C, pp. 73-88
We investigate minute indexes of stock markets in 10 countries during financial crashes by dividing them into several stages according to their stock price tendencies: plunging stage (stage 1), fluctuating or rebounding stage (stage 2), and soaring stage (stage 3). The tail distributions of the...