Keskin, Mustafa; Deviren, Bayram; Kocakaplan, Yusuf - arXiv.org - 2010
We studied the topology of correlation networks among 34 major currencies using the concept of a minimal spanning tree and hierarchical tree for the full years of 2007-2008 when major economic turbulence occurred. We used the USD (US Dollar) and the TL (Turkish Lira) as numeraires in which the...