Non-Fiction Books:

Statistical Properties in Firms’ Large-scale Data

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Description

This is the first book to provide a systematic description of statistical properties of large-scale financial data. Specifically, the power-law and log-normal distributions observed at a given time and their changes using time-reversal symmetry, quasi-time-reversal symmetry, Gibrat's law, and the non-Gibrat's property observed in a short-term period are derived here. The statistical properties observed over a long-term period, such as power-law and exponential growth, are also derived. These subjects have not been thoroughly discussed in the field of economics in the past, and this book is a compilation of the author's series of studies by reconstructing the data analyses published in 15 academic journals with new data. This book provides readers with a theoretical and empirical understanding of how the statistical properties observed in firms’ large-scale data are related along the time axis. It is possible to expand this discussion to understand theoretically and empirically how the statistical properties observed among differing large-scale financial data are related. This possibility provides readers with an approach to microfoundations, an important issue that has been studied in economics for many years.

Author Biography:

Atushi Ishikawa, Kanazawa Gakuin University The author was originally a theoretical physicist of elementary particles. He now specializes in Econophysics and is primarily engaged in the study of the statistical properties of firms’ large-scale financial data. The study covers a wide range of other topics, including analyzing point-of-sale (POS) data, analyzing Twitter, and analyzing land prices.
Release date Australia
June 27th, 2022
Audience
  • Professional & Vocational
Edition
1st ed. 2021
Illustrations
5 Illustrations, color; 51 Illustrations, black and white; XV, 140 p. 56 illus., 5 illus. in color.
Pages
140
ISBN-13
9789811622991
Product ID
35869951

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