A model study for calculation of the temperatures of major stock markets in the world with the quantum simulation and determination of the crisis periods

[ X ]

Tarih

2022

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Elsevier

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

The heterogeneous economic time model has been adapted for the purpose of determining the crisis periods in the study, which aims to calculate the temperatures of major stock markets in the world with the quantum simulation. The proposed model was applied to 15 stock market indexes selected from Asia, Europe and America continents The model that can be interpreted as the average energy of the economic particle and thus the temperature of the series was tested. Crises are recognized with the condensation of economic processes (the temperature is rising), while during the non-crisis period economic processes slowdown can be observed (the temperature is falling), which can be interpreted as the heterogeneous flow of economic time. The temperature that occurred on the stock markets during the periods of global events and Covid-19 was shown graphically. (C) 2021 Elsevier B.V. All rights reserved.

Açıklama

Anahtar Kelimeler

Quantum economics, Financial crises, Covid-19 pandemic, Heisenberg uncertainty principle, Heterogeneous economic time, Schrodinger wave equation

Kaynak

Physica A-Statistical Mechanics and Its Applications

WoS Q Değeri

Q2

Scopus Q Değeri

Q1

Cilt

585

Sayı

Künye