Array programming provides a powerful, compact and expressive syntax for accessing,
manipulating and operating on data in vectors, matrices and higher-dimensional arrays. NumPy …

In the run-up to the recent financial crisis, an increasingly elaborate set of financial instruments
emerged, intended to optimize returns to individual institutions with seemingly minimal …

We describe a framework for understanding the factors that underpin economic resilience,
and identify the basic tools for implementing it. This principally involves examining resilience …

On 16 November 2002, the first official case of Severe Acute Respiratory Syndrome (SARS)
was recorded in Guangdong Province, China. Panic ensued. Uncertainty about its causes …

This paper develops a network model of interbank lending in which unsecured claims, repo
activity and shocks to the haircuts applied to collateral assume centre stage. We show how …

Credit cycles have been a characteristic of advanced economies for over 100 years. On
average, a sustained pick‐up in the ratio of credit to GDP has been highly correlated with …

Traditional economic theory could not explain, much less predict, the near collapse of the
financial system and its long-lasting effects on the global economy. Since the 2008 crisis, there …

It has long been recognized that economic policy in general, and monetary policy in particular,
needs a forward-looking dimension.“If we wait until a price movement is actually afoot …

… as YBANO) which could he a good example to verify the Haldane's predictions concerning
the S = I antiferromagnetic chain system, After Haldane [9], the magnetic properties of a one …

A 25-sigma event would be expected to occur once every 6 x 10 124 lives of the universe.
That is quite a lot of human histories. When I tried to calculate the probability of a 25-sigma …