Renormalization group analysis of October market crashes

被引：20

作者：

Gluzman, S

Yukalov, VI

机构：

[1] Univ Brasilia, Int Ctr Condensed Matter Phys, BR-70919970 Brasilia, DF, Brazil

[2] Joint Inst Nucl Res, Bogolubov Lab Theoret Phys, Dubna 141980, Russia

来源：

MODERN PHYSICS LETTERS B | 1998年 / 12卷 / 2-3期

关键词：

D O I：

10.1142/S0217984998000111

中图分类号：

O59 [应用物理学];

学科分类号：

摘要：

The self-similar analysis of time series, suggested earlier by the authors, is applied to the description of market crises. The main attention is payed to the October 1929, 1987 and 1997 stock market crises, which can be successfully treated by the suggested approach. The analogy between market crashes and critical phenomena is emphasized.

引用

页码：75 / 84

页数：10

共 21 条

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