As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we...

Econophysics and econometrics agree that there is a correlation between volume and volatility in a time series. Using empirical data and their distributions, we further investigate this correlation and discover new ways that volatility and volume interact, particularly when the levels of both...

In a highly interdependent economic world, the nature of relationships between financial entities is becoming an increasingly important area of study. Recently, many studies have shown the usefulness of minimal spanning trees (MST) in extracting interactions between financial entities. Here, we...

We analyze realized volatilities constructed using high-frequency stock data on the Tokyo Stock Exchange. In order to avoid non-trading hours issue in volatility calculations we define two realized volatilities calculated separately in the two trading sessions of the Tokyo Stock Exchange, i.e....

In the linear model Xn - 1 = Cn - p[theta]p - 1 + En - 1, Huber's theory of robust estimation of the regression vector [theta]p - 1 is adapted for two models for the partially specified common distribution F of the i.i.d. components of the error vector En - 1. In the first model considered, the...

The Nambu spinor Green’s function approach is applied to studying the proximity effect in ferromagnet/d-wave superconductor (FM/d-wave SC) junctions. It is found that the magnitude of the proximity effect depends to a great extent on the orientation of the SC crystal with respect to the...