21 citations · 31 across the 2 of their papers we have counts for
4 papers
On the structure of the world economy: An absorbing Markov chain approach
Olivera Kostoska, Viktor Stojkoski, Ljupco Kocarev
The expansion of global production networks has raised many important questions about the interdependence among countries and how future changes in the world economy are likely to…
Lead-lag Relationships in Foreign Exchange Markets
Lasko Basnarkov, Viktor Stojkoski, Zoran Utkovski +1
Lead-lag relationships among assets represent a useful tool for analyzing high frequency financial data. However, research on these relationships predominantly focuses on correlati…
Correlation Patterns in Foreign Exchange Markets
Lasko Basnarkov, Viktor Stojkoski, Zoran Utkovski +1
The value of an asset in a financial market is given in terms of another asset known as numeraire. The dynamics of the value is non-stationary and hence, to quantify the relationsh…
Cooperation dynamics in the networked geometric Brownian motion
Viktor Stojkoski, Zoran Utkovski, Lasko Basnarkov +1
Recent works suggest that pooling and sharing may constitute a fundamental mechanism for the evolution of cooperation in well-mixed fluctuating environments. The rationale is that,…