arXiv research

The paper models US inflation and hyperinflation using monetary and GDP data.

Study shows insurance industry in North Macedonia declined 10% due to COVID-19.

In the present paper we prove Liouville-type theorems: non-existence theorems for conformal mappings of complete Riemannian manifolds. In addition, we give an application of these results to the theory of conharmonic transformations. A part of these results was announced in our reports on the conferences "Differential …

These are the lecture notes from the 26th Winter School "Geometry and Physics", Czech Republic, Srni, January 14 - 21, 2006. These lectures are an introduction into the realm of generalized geometry based on the tangent plus the cotangent bundle. In particular we discuss the relation of this geometry to physics, namely…

Inside the EU, the commercial integration of the CEE countries has gained remarkable momentum before the crisis appearance, but it has slightly slowed down afterwards. Consequently, the interest in identifying the factors supporting the commercial integration process is high. Recent findings in the new trade theory sug…

We study how to generate new Lie algebras $\mathcal{G}(N_0,..., N_p,...,N_n)$ from a given one $\mathcal{G}$. The (order by order) method consists in expanding its Maurer-Cartan one-forms in powers of a real parameter $λ$ which rescales the coordinates of the Lie (super)group $G$, $g^{i_p} \to λ^p g^{i_p}$, in a way su…

This paper models yearly exchange rates between USD/KZT, EUR/KZT and SGD/KZT, and compares the actual data with developed forecasts using time series analysis over the period from 2006 to 2014. The official yearly data of National Bank of the Republic of Kazakhstan is used for present study. The main goal of this paper…

A model proposed by Sornette, Takayasu, and Zhou for describing hyperinflation regimes based on adaptive expectations expressed in terms of a power law which leads to a finite-time singularity is revisited. It is suggested to express the price index evolution explicitly in terms of the parameters introduced along the t…

Sector specific multifactor CES elasticity of substitution and the corresponding productivity growths are jointly measured by regressing the growths of factor-wise cost shares against the growths of factor prices. We use linked input-output tables for Japan and the Republic of Korea as the data source for factor price …

This paper is an introduction to the state sum model for the Alexander-Conway polynomial that was introduced in the the author's book "Formal Knot Theory" (Princeton University Press, 1983). The article outlines how Alexander's original definition of the polynomial as the determinant of a matrix associated with the lin…

Financial system being the place of metting capital flows (equality between saving and investment), a volatility of capital flows can destroy the robustness and good working of financial system, it means subvert financial stability. The same a weak financial system, few regulated and bad manage can exacerbate volatilit…

We analyze long-term memory properties of hourly prices of electricity in the Czech Republic between 2009 and 2012. As the dynamics of the electricity prices is dominated by cycles -- mainly intraday and daily -- we opt for the detrended fluctuation analysis, which is well suited for such specific series. We find that …

For the first time ever, we analyze a unique public procurement database, which includes information about a number of bidders for a contract, a final price, an identification of a winner and an identification of a contracting authority for each of more than 40,000 public procurements in the Czech Republic between 2006…

Amharic is the official language of the Federal Democratic Republic of Ethiopia. There are lots of historic Amharic and Ethiopic handwritten documents addressing various relevant issues including governance, science, religious, social rules, cultures and art works which are very reach indigenous knowledge. The Amharic …

The paper uses option theory to estimate corporate bond liquidity spreads.

Fractal analysis is carried out on the stock market indices of seven European countries and the US. We find evidence of long range dependence in the log return series of the Mibtel (Italy) and the PX Glob (Czech Republic). Long range dependence implies that predictable patterns in the log returns do not dissipate quick…

Notes on sub-Riemannian geometry equivalence problem.

New method for epidemic model inference using multinomial approximations.

The definition of deposit substitutes in Philippine tax law fails to consider the maturity of a debt instrument. This makes it possible for long-term bonds to be considered as deposit substitutes if they meet the 20-lender rule, taxable at 20% final tax. However, long-term debt instruments cannot realistically function…

Model shows how banks' hidden-to-maturity accounting can mask run risk and lead to financial instability.

Credit Default Swaps (CDS) on a reference entity may be traded in multiple currencies, in that protection upon default may be offered either in the domestic currency where the entity resides, or in a more liquid and global foreign currency. In this situation currency fluctuations clearly introduce a source of risk on C…

HSBC grew from colonial China through wars, surviving unethical practices.

HSBC grew from Hong Kong to global dominance despite political upheavals.