no code implementations • 18 Jan 2024 • Garvit Arora, Shubhangi Tiwari, Ying Wu, Xuan Mei
One of these interesting observations is that, for a list of 132 transformations derived from 44 targeted MEVs that cover 5 different aspects of the U. S. economy (which takes as a subset the 10+ key MEVs published by FRB), compared to benign years where there are typically 20-25 clusters, during the great financial crisis (GFC), i. e., 2007-2010, they exhibited a more synchronized and less diversified pattern of movement, forming roughly 15 clusters.