0000000001135240
AUTHOR
Vicente J. Bolós
Kinematic relative velocity with respect to stationary observers in Schwarzschild spacetime
We study the kinematic relative velocity of general test particles with respect to stationary observers (using spherical coordinates) in Schwarzschild spacetime, obtaining that its modulus does not depend on the observer, unlike Fermi, spectroscopic and astrometric relative velocities. We study some fundamental particular cases, generalizing some results given in other work about stationary and radial free-falling test particles. Moreover, we give a new result about test particles with circular geodesic orbits: the modulus of their kinematic relative velocity with respect to any stationary observer depends only on the radius of the circular orbit, and so, it remains constant.
Interactions between financial stress and economic activity for the U.S.: A time- and frequency-varying analysis using wavelets
Abstract This paper examines the interactions between the main U.S. financial stress indices and several measures of economic activity in the time–frequency domain using a number of continuous cross-wavelet tools, including the usual wavelet squared coherence and phase difference as well as two new summary wavelet-based measures. The empirical results show that the relationship between financial stress and the U.S. real economy varies considerably over time and depending on the time horizon considered. A significant adverse effect of financial stress on U.S. economic activity is observed since the onset of the subprime mortgage crisis in the summer of 2007, indicating that the impact of fin…
Relative velocities for radial motion in expanding Robertson-Walker spacetimes
The expansion of space, and other geometric properties of cosmological models, can be studied using geometrically defined notions of relative velocity. In this paper, we consider test particles undergoing radial motion relative to comoving (geodesic) observers in Robertson-Walker cosmologies, whose scale factors are increasing functions of cosmological time. Analytical and numerical comparisons of the Fermi, kinematic, astrometric, and the spectroscopic relative velocities of test particles are given under general circumstances. Examples include recessional comoving test particles in the de Sitter universe, the radiation-dominated universe, and the matter-dominated universe. Three distinct …
A note on the computation of geometrically defined relative velocities
We discuss some aspects about the computation of kinematic, spectroscopic, Fermi and astrometric relative velocities that are geometrically defined in general relativity. Mainly, we state that kinematic and spectroscopic relative velocities only depend on the 4-velocities of the observer and the test particle, unlike Fermi and astrometric relative velocities, that also depend on the acceleration of the observer and the corresponding relative position of the test particle, but only at the event of observation and not around it, as it would be deduced, in principle, from the definition of these velocities. Finally, we propose an open problem in general relativity that consists on finding intr…
Continuous models combining slacks-based measures of efficiency and super-efficiency
AbstractIn the framework of data envelopment analysis (DEA), Tone (Eur J Oper Res 130(3):498–509, 2001) introduced the slacks-based measure (SBM) of efficiency, which is a nonradial model that incorporates all the slacks of the evaluated decision-making units (DMUs) into their efficiency scores, unlike classical radial efficiency models. Next, Tone (Eur J Oper Res 143(1):32–41, 2002) developed the SBM super-efficiency model in order to differentiate and rank efficient DMUs, whose SBM efficiency scores are always 1. However, as pointed out by Chen (Eur J Oper Res 226(2):258–267, 2013), some interpretation problems arise when the so-called super-efficiency projections are weakly efficient, le…
The Wavelet Scalogram in the Study of Time Series
Wavelet theory has been proved to be a useful tool in the study of time series. Specifically, the scalogram allows the detection of the most representative scales (or frequencies) of a signal. In this work, we present the scalogram as a tool for studying some aspects of a given signal. Firstly, we introduce a parameter called scale index, interpreted as a measure of the degree of the signal’s non-periodicity. In this way, it can complement the maximal Lyapunov exponent method for determining chaos transitions of a given dynamical system. Secondly, we introduce a method for comparing different scalograms. This can be applied for determining if two time series follow similar patterns.
Applying data driven decision making to rank vocational and educational training programs with TOPSIS
Abstract In this paper we present a multi-criteria classification of Vocational and Educational Programs in Extremadura (Spain) during the period 2009–2016. This ranking has been carried out through the integration into a complete database of the detailed information of individuals finishing such studies together with their labor data. The multicriteria method used is TOPSIS together with a new decision support method for assessing the influence of each criterion and its dependence on the weights assigned to them. This new method is based on a worst-best case scenario analysis and it is compared to a well known global sensitivity analysis technique based on the Pearson's correlation ratio.
A wavelet-based tool for studying non-periodicity
This paper presents a new numerical approach to the study of non-periodicity in signals, which can complement the maximal Lyapunov exponent method for determining chaos transitions of a given dynamical system. The proposed technique is based on the continuous wavelet transform and the wavelet multiresolution analysis. A new parameter, the \textit{scale index}, is introduced and interpreted as a measure of the degree of the signal's non-periodicity. This methodology is successfully applied to three classical dynamical systems: the Bonhoeffer-van der Pol oscillator, the logistic map, and the Henon map.
Interdependence between Green Financial Instruments and Major Conventional Assets: A Wavelet-Based Network Analysis
This paper examines the interdependence between green financial instruments, represented by green bonds and green stocks, and a set of major conventional assets, such as Treasury, investment-grade and high-yield corporate bonds, general stocks, crude oil, and gold. To that end, a novel wavelet-based network approach that allows for assessing the degree of interconnection between green financial products and traditional asset classes across different investment horizons is applied. The empirical results show that green bonds are tightly linked to Treasury and investment-grade corporate bonds, while green stocks are strongly tied to general stocks, regardless of the specific time period and i…
Blow-up collocation solutions of nonlinear homogeneous Volterra integral equations
In this paper, collocation methods are used for detecting blow-up solutions of nonlinear homogeneous Volterra-Hammerstein integral equations. To do this, we introduce the concept of "blow-up collocation solution" and analyze numerically some blow-up time estimates using collocation methods in particular examples where previous results about existence and uniqueness can be applied. Finally, we discuss the relationships between necessary conditions for blow-up of collocation solutions and exact solutions.
The windowed scalogram difference: A novel wavelet tool for comparing time series
Abstract We introduce a new wavelet-based tool called windowed scalogram difference (WSD), which has been designed to compare time series. This tool allows quantifying if two time series follow a similar pattern over time, comparing their scalograms and determining if they give the same weight to the different scales. The WSD can be seen as an alternative to another tool widely used in wavelet analysis called wavelet squared coherence (WSC) and, in some cases, it detects features that the WSC is not able to identify. As an application, the WSD is used to examine the dynamics of the integration of government bond markets in the euro area since the inception of the euro as a European single c…
Searching events in AFM force-extension curves: A wavelet approach
An algorithm, based on the wavelet scalogram energy, for automatically detecting events in force-extension AFM force spectroscopy experiments is introduced. The events to be detected are characterized by a discontinuity in the signal. It is shown how the wavelet scalogram energy has different decay rates at different points depending on the degree of regularity of the signal, showing faster decay rates at regular points and slower rates at singular points (jumps). It is shown that these differences produce peaks in the scalogram energy plot at the event points. Finally, the algorithm is illustrated in a tether analysis experiment by using it for the detection of events in the AFM force-exte…
Non-Lipschitz Homogeneous Volterra Integral Equations
In this chapter we introduce a class of nonlinear Volterra integral equations (VIEs) which have certain properties that deviate from the standard results in the field of integral equations. Such equations arise from various problems in shock wave propagation with nonlinear flux conditions. The basic equation we will consider is the nonlinear homogeneous Hammerstein–Volterra integral equation of convolution type $$\displaystyle u(t) = \int _0^t k(t-s) g(u(s))\,\mathrm {d}s. $$ When g(0) = 0, this equation has function u ≡ 0 as a solution (trivial solution). It is interesting to determine whether there exists a nontrivial solution or not. Classical results on integral equations are not to be …
deaR-Shiny: An Interactive Web App for Data Envelopment Analysis
In this paper, we describe an interactive web application (deaR-shiny) to measure efficiency and productivity using data envelopment analysis (DEA). deaR-shiny aims to fill the gap that currently exists in the availability of online DEA software offering practitioners and researchers free access to a very wide variety of DEA models (both conventional and fuzzy models). We illustrate how to use the web app by replicating the main results obtained by Carlucci, Cirà and Coccorese in 2018, who investigate the efficiency and economic sustainability of Italian regional airport by using two conventional DEA models, and the results given by Kao and Liu in their papers published in 2000 and 2003, wh…
A New Wavelet Tool to Quantify Non-Periodicity of Non-Stationary Economic Time Series
We introduce a new wavelet tool, the windowed scale index, to study the degree of non-periodicity of time series. The windowed scale index is based on some recently defined tools, such as the windowed scalogram and the scale index. This novel measure is appropriate for non-stationary time series whose characteristics change over time and, therefore, it can be applied to a wide variety of disciplines. Furthermore, we revise the concept of the scale index and pose a theoretical problem: it is known that if the scale index of a function is not zero then it is non-periodic, but if the scale index of a function is zero, then it is not proved that it has to be periodic. This problem is solved for…
Existence and uniqueness of nontrivial collocation solutions of implicitly linear homogeneous Volterra integral equations
We analyze collocation methods for nonlinear homogeneous Volterra-Hammerstein integral equations with non-Lipschitz nonlinearity. We present different kinds of existence and uniqueness of nontrivial collocation solutions and we give conditions for such existence and uniqueness in some cases. Finally we illustrate these methods with an example of a collocation problem, and we give some examples of collocation problems that do not fit in the cases studied previously.
Interest rate changes and stock returns: A European multi-country study with wavelets
Abstract This paper investigates the linkage between changes in 10-year government bond yields and stock returns for the major European countries in the time-frequency domain by using a number of cross-wavelet tools in the framework of the continuous wavelet transform, mainly the wavelet coherence and phase-difference. The results reveal that the degree of connection between 10-year bond rate movements and stock returns differs considerably among countries and also varies over time and depending on the time horizon considered. In particular, the UK shows the greatest interdependence between long-term interest rates and equity returns across time and frequencies, while the relationship is mu…
An algorithm for computing geometric relative velocities through Fermi and observational coordinates
We present a numerical method for computing the \textit{Fermi} and \textit{observational coordinates} of a distant test particle with respect to an observer. We apply this method for computing some previously introduced concepts of relative velocity: \textit{kinematic}, \textit{Fermi}, \textit{spectroscopic} and \textit{astrometric} relative velocities. We also extend these concepts to non-convex normal neighborhoods and we make some convergence tests, studying some fundamental examples in Schwarzschild and Kerr spacetimes. Finally, we show an alternative method for computing the Fermi and astrometric relative velocities.
Relative velocities, geometry, and expansion of space
What does it mean to say that space expands? One approach to this question is the study of relative velocities. In this context, a non local test particle is "superluminal" if its relative velocity exceeds the local speed of light of the observer. The existence of superluminal relative velocities of receding test particles, in a particular cosmological model, suggests itself as a possible criterion for expansion of space in that model. In this point of view, superluminal velocities of distant receding galaxy clusters result from the expansion of space between the observer and the clusters. However, there is a fundamental ambiguity that must be resolved before this approach can be meaningful…