55 citations
- New Mexico Institute of Mining and TechnologyUS2 papers
- Arts and Humanities Research CouncilGB1 paper
- Durham UniversityGB1 paper
- European University of RomeIT1 paper
- Harvard UniversityUS1 paper
- Institute for Complex SystemsIT1 paper
- Istituto per le Applicazioni del Calcolo Mauro PiconeIT1 paper
- Italian Institute of TechnologyIT1 paper
- Pontificia Universidad Católica de ChileCL1 paper
- Roma Tre UniversityIT1 paper
- Sandia National LaboratoriesUS1 paper
- Sapienza University of RomeIT1 paper
Showing cond-matShow all
3 papers · 1 filter
cond-mat2001★ 15 cited
The Convergence of European Business Cycles 1978-2000
P Ormerod, C Mounfield
The degree of convergence of the business cycles of the economies of the European Union is a key policy issue. In particular, a substantial degree of convergence is needed if the E…
cond-mat2001★ 46 cited
Power Law Distribution of the Duration and Magnitude of Recessions in Capitalist Economies : Breakdown of Scaling
P Ormerod, C Mounfield
Power law distributions of macroscopic observables are ubiquitous in both the natural and social sciences. They are indicative of correlated, cooperative phenomena between groups o…
cond-mat2001★ 18 cited
Random Matrix Theory and the Failure of Macroeconomic Forecasts
P Ormerod, C Mounfield
By scientific standards, the accuracy of short-term economic forecasts has been poor, and shows no sign of improving over time. We form a delay matrix of time-series data on the ov…