The structure of world-stock-market network resembles geographical ties

In a recent paper, we studied 40 stock markets from top GDP countries to analyse the correlations and connections between them. As expected, we did observe strong correlations between ups and downs of these markets at the global level. However, when using Random Matrix Theory we detected the sub-communities of this global network, we realisedContinue reading “The structure of world-stock-market network resembles geographical ties”

Corruption is in the fabric of societies

Many think that corruption is a result of wealth or the lack of it. Some assume that tighter regulations might stop corruption. Hence, socio-economic metrics have been used to explain the level of corruption in different places with different regulatory regimes. In our recent work, we show that corruption is in the fabric of theContinue reading “Corruption is in the fabric of societies”