Kazuko Yamasaki

Bio: Kazuko Yamasaki is an academic researcher from Tokyo University of Information Sciences. The author has contributed to research in topics: Volatility (finance) & Stock market. The author has an hindex of 20, co-authored 58 publications receiving 1995 citations. Previous affiliations of Kazuko Yamasaki include Boston University & University of Tokyo.

Climate Networks around the Globe are Significantly Affected by El Niño

Abstract: The temperatures in different zones in the world do not show significant changes due to El Nino except when measured in a restricted area in the Pacific Ocean. We find, in contrast, that the dynamics of a climate network based on the same temperature records in various geographical zones in the world is significantly influenced by El Nino. During El Nino many links of the network are broken, and the number of surviving links comprises a specific and sensitive measure for El Nino events. While during non-El Nino periods these links which represent correlations between temperatures in different sites are more stable, fast fluctuations of the correlations observed during El Nino periods cause the links to break.

Scaling and memory in volatility return intervals in financial markets

Abstract: For both stock and currency markets, we study the return intervals τ between the daily volatilities of the price changes that are above a certain threshold q. We find that the distribution function Pq (τ) scales with the mean return interval as . The scaling function f(x) is similar in form for all seven stocks and for all seven currency databases analyzed, and f(x) is consistent with a power-law form, f(x) ∼ x -γ with γ ≈ 2. We also quantify how the conditional distribution Pq (τ|τ0) depends on the previous return interval τ0 and find that small (or large) return intervals are more likely to be followed by small (or large) return intervals. This “clustering” of the volatility return intervals is a previously unrecognized phenomenon that we relate to the long-term correlations known to be present in the volatility. econophysics fluctuations extreme values long-term correlations long-term memory

Climate Networks around the Globe are Significantly Effected by El Nino

Abstract: The temperatures in different zones in the world do not show significant changes due to El-Nino except when measured in a restricted area in the Pacific Ocean. We find, in contrast, that the dynamics of a climate network based on the same temperature records in various geographical zones in the world is significantly influenced by El-Nino. During El-Nino many links of the network are broken, and the number of surviving links comprises a specific and sensitive measure for El-Nino events. While during non El-Nino periods these links which represent correlations between temperatures in different sites are more stable, fast fluctuations of the correlations observed during El-Nino periods cause the links to break.

The growth of business firms: theoretical framework and empirical evidence.

Abstract: We introduce a model of proportional growth to explain the distribution Pg(g) of business-firm growth rates. The model predicts that Pg(g) is exponential in the central part and depicts an asymptotic power-law behavior in the tails with an exponent ζ = 3. Because of data limitations, previous studies in this field have been focusing exclusively on the Laplace shape of the body of the distribution. In this article, we test the model at different levels of aggregation in the economy, from products to firms to countries, and we find that the predictions of the model agree with empirical growth distributions and size-variance relationships.

Scaling and memory of intraday volatility return intervals in stock markets.

Abstract: We study the return interval tau between price volatilities that are above a certain threshold q for 31 intraday data sets, including the Standard and Poor's 500 index and the 30 stocks that form the Dow Jones Industrial index. For different threshold q, the probability density function Pq(tau)scales with the mean interval tau as [Formula: see text], similar to that found in daily volatilities. Since the intraday records have significantly more data points compared to the daily records, we could probe for much higher thresholds and still obtain good statistics. We find that the scaling function f(x)is consistent for all 31 intraday data sets in various time resolutions, and the function is well-approximated by the stretched exponential, f(x) similar to e(-ax)(gamma), with gamma=0.38+/-0.05 and a=3.9+/-0.5, which indicates the existence of correlations. We analyze the conditional probability distribution Pq(tau/tau0) for tau following a certain interval tau0, and find Pq(tau/tau0) depends on tau0, which demonstrates memory in intraday return intervals. Also, we find that the mean conditional interval (tau/tau0) increases with tau0, consistent with the memory found for Pq(tau/tau0). Moreover, we find that return interval records, in addition to having short-term correlations as demonstrated by Pq(tau/tau0), have long-term correlations with correlation exponents similar to that of volatility records.

疟原虫var基因转换速率变化导致抗原变异[英]／Paul H, Robert P, Christodoulou Z, et al//Proc Natl Acad Sci U S A

Abstract: 抗原变异可使得多种致病微生物易于逃避宿主免疫应答。表达在感染红细胞表面的恶性疟原虫红细胞表面蛋白1（PfPMP1）与感染红细胞、内皮细胞、树突状细胞以及胎盘的单个或多个受体作用，在黏附及免疫逃避中起关键的作用。每个单倍体基因组var基因家族编码约60种成员，通过启动转录不同的var基因变异体为抗原变异提供了分子基础。

Stochastic Processes in Physics and Chemistry

Abstract: N G van Kampen 1981 Amsterdam: North-Holland xiv + 419 pp price Dfl 180 This is a book which, at a lower price, could be expected to become an essential part of the library of every physical scientist concerned with problems involving fluctuations and stochastic processes, as well as those who just enjoy a beautifully written book. It provides an extensive graduate-level introduction which is clear, cautious, interesting and readable.

Quantitative analysis of culture using millions of digitized books

Abstract: We constructed a corpus of digitized texts containing about 4% of all books ever printed. Analysis of this corpus enables us to investigate cultural trends quantitatively. We survey the vast terrain of 'culturomics,' focusing on linguistic and cultural phenomena that were reflected in the English language between 1800 and 2000. We show how this approach can provide insights about fields as diverse as lexicography, the evolution of grammar, collective memory, the adoption of technology, the pursuit of fame, censorship, and historical epidemiology. Culturomics extends the boundaries of rigorous quantitative inquiry to a wide array of new phenomena spanning the social sciences and the humanities.

Why has CEO Pay Increased So Much

Abstract: This paper develops a simple equilibrium model of CEO pay. CEOs have different talents and are matched to firms in a competitive assignment model. In market equilibrium, a CEO’s pay changes one for one with aggregate firm size, while changing much less with the size of his own firm. The model determines the level of CEO pay across firms and over time, offering a benchmark for calibratable corporate finance. The sixfold increase of CEO pay between 1980 and 2003 can be fully attributed to the six-fold increase in market capitalization of large US companies during that period. We find a very small dispersion in CEO talent, which nonetheless justifies large pay differences. The data broadly support the model. The size of large fi rms explains many of the patterns in CEO pay, across firms, over time, and between countries. (JEL D2, D3, G34, J3)