93 citations · 718 across the 43 of their papers we have counts for
44 papers
A Herding-Based Model of Technological Transfer and Economic Convergence: Evidence from Central and Eastern Europe
Vygintas Gontis, Lesya Kolinets
The long-run convergence of developing economies toward advanced countries exhibits robust empirical regularities, yet the mechanisms underlying technological diffusion remain insu…
Panel regression for the GDP of the Central and Eastern European countries using time-varying coefficients
Vygintas Gontis, Lesya Kolinets
The integration of Central and Eastern European (CEE) countries into the European Economic Area serves as a valuable experiment for the regional economic development theory. The lo…
Double stochastic opinion dynamics with fractional inflow of new opinions
Vygintas Gontis
A recent analysis of empirical limit order flow data highlights the necessity for a more refined order flow model that integrates the power-law distribution of limit order cancella…
Short research review: Applications of statistical physics investigating financial and other social systems
Vygintas Gontis, Aleksejus Kononovicius, Julius Ruseckas
Physics research complements traditional approaches, such as mathematical (stochastic) finance and econometrics in quantitative economics and finance. In the early years of this mi…
Discrete -exponential limit order cancellation time distribution
Vygintas Gontis
Modeling financial markets based on empirical data poses challenges in selecting the most appropriate models. Despite the abundance of empirical data available, researchers often f…
Understanding the nature of the long-range memory phenomenon in socioeconomic systems
Rytis Kazakevicius, Aleksejus Kononovicius, Bronislovas Kaulakys +1
In the face of the upcoming 30th anniversary of econophysics, we review our contributions and other related works on the modeling of the long-range memory phenomenon in physical, e…