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An S, Gao X, An F, Wu T. Early warning of regime switching in a complex financial system from a spillover network dynamic perspective. iScience 2025; 28:111924. [PMID: 40201419 PMCID: PMC11976486 DOI: 10.1016/j.isci.2025.111924] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [Track Full Text] [Figures] [Journal Information] [Subscribe] [Scholar Register] [Received: 11/24/2023] [Revised: 04/08/2024] [Accepted: 12/20/2024] [Indexed: 04/10/2025] Open
Abstract
Early warning of regime switching in a complex financial system is a critical and challenging issue in risk management. Previous research has examined regime switching through analyzing the fluctuation features in a single point in time series; however, it has rarely examined the dynamic spillovers across multivariable time series. This paper develops an early warning model of regime switching that incorporates a spillover network model and a machine learning model. Typical energy prices and stock market indices are selected as the sample data. The key spillover networks can be detected according to the distribution of the network indicators. The early warning signals can be captured by six typical machine learning models, and the random forest model has better performance. The robustness of the model is also discussed. Our study enriches regime switching research and provides important early warning signals for policymakers and market investors.
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Affiliation(s)
- Sufang An
- School of Management, Hebei GEO University, Shijiazhuang 050031, China
- Natural Resource Asset Capital Research Center, Hebei GEO University, Shijiazhuang 050031, China
| | - Xiangyun Gao
- School of Economics and Management, China University of Geosciences, Beijing 100083, China
- Key Laboratory of Carrying Capacity Assessment for Resource and Environment, Ministry of Natural Resources, Beijing 100083, China
| | - Feng An
- School of Economics and Management, Beijing University of Chemical Technology, Beijing 100029, China
| | - Tao Wu
- College of Management Science, Chengdu University of Technology, Chengdu 610059, China
- International Research Center for Neurointelligence, University of Tokyo, Tokyo 113-0033, Japan
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Rittweg TD, Trueman C, Wiedenbeck M, Fietzke J, Wolter C, Talluto L, Dennenmoser S, Nolte A, Arlinghaus R. Variable habitat use supports fine-scale population differentiation of a freshwater piscivore (northern pike, Esox lucius) along salinity gradients in brackish lagoons. Oecologia 2024; 206:275-292. [PMID: 39424687 PMCID: PMC11599437 DOI: 10.1007/s00442-024-05627-7] [Citation(s) in RCA: 0] [Impact Index Per Article: 0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 03/14/2024] [Accepted: 09/18/2024] [Indexed: 10/21/2024]
Abstract
In mobile animals, selection pressures resulting from spatio-temporally varying ecological factors often drive adaptations in migration behavior and associated physiological phenotypes. These adaptations may manifest in ecologically and genetically distinct ecotypes within populations. We studied a meta-population of northern pike (Esox lucius) in brackish environments and examined intrapopulation divergence along environmental gradients. Behavioral phenotypes in habitat use were characterized via otolith microchemistry in 120 individuals sampled from brackish lagoons and adjacent freshwater tributaries. We genotyped 1514 individual pike at 33 highly informative genetic markers. The relationship between behavioral phenotype and genotype was examined in a subset of 101 pikes for which both phenotypic and genomic data were available. Thermosaline differences between juvenile and adult life stages indicated ontogenetic shifts from warm, low-saline early habitats towards colder, higher-saline adult habitats. Four behavioral phenotypes were found: Freshwater residents, anadromous, brackish residents, and cross-habitat individuals, the latter showing intermediary habitat use between brackish and freshwater areas. Underlying the behavioral phenotypes were four genotypes, putative freshwater, putative anadromous, and two putatively brackish genotypes. Through phenotype-genotype matching, three ecotypes were identified: (i) a brackish resident ecotype, (ii) a freshwater ecotype expressing freshwater residency or anadromy, and (iii) a previously undescribed intermediary cross-habitat ecotype adapted to intermediate salinities, showing limited reliance on freshwater. Life-time growth of all ecotypes was similar, suggesting comparable fitness. By combining genetic data with lifelong habitat use and growth as a fitness surrogate, our study revealed strong differentiation in response to abiotic environmental gradients, primarily salinity, indicating ecotype diversity in coastal northern pike is higher than previously believed.
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Affiliation(s)
- Timo D Rittweg
- Leibniz Institute of Freshwater Ecology and Inland Fisheries (IGB), Müggelseedamm 310, 12587, Berlin, Berlin, Germany.
- Division of Integrative Fisheries Management, Faculty of Life Sciences, Humboldt-Universität zu Berlin, Unter den Linden 6, 10099, Berlin, Germany.
| | - Clive Trueman
- School of Ocean and Earth Science, University of Southampton Waterfront Campus, European Way, Southampton, SO143ZH, UK
| | - Michael Wiedenbeck
- German Research Center for Geosciences (GFZ) Potsdam, Telegrafenberg, 14473, Potsdam, Brandenburg, Germany
| | - Jan Fietzke
- GEOMAR Helmholtz Center for Ocean Research Kiel, Wischhofstr. 1-3, 24148, Kiel, Schleswig-Holstein, Germany
| | - Christian Wolter
- Leibniz Institute of Freshwater Ecology and Inland Fisheries (IGB), Müggelseedamm 310, 12587, Berlin, Berlin, Germany
| | - Lauren Talluto
- Research Group Fluvial Ecosystem Ecology, Department of Ecology, University of Innsbruck, Technikerstr. 25, 6020, Innsbruck, Austria
| | - Stefan Dennenmoser
- Working Group Ecological Genomics, Institute of Biology and Environmental Sciences, Carl Von Ossietzky Universität Oldenburg, Carl Von Ossietzky-Str. 9-11, 26111, Oldenburg, Germany
| | - Arne Nolte
- Working Group Ecological Genomics, Institute of Biology and Environmental Sciences, Carl Von Ossietzky Universität Oldenburg, Carl Von Ossietzky-Str. 9-11, 26111, Oldenburg, Germany
| | - Robert Arlinghaus
- Leibniz Institute of Freshwater Ecology and Inland Fisheries (IGB), Müggelseedamm 310, 12587, Berlin, Berlin, Germany
- Division of Integrative Fisheries Management, Faculty of Life Sciences, Humboldt-Universität zu Berlin, Unter den Linden 6, 10099, Berlin, Germany
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Olin AB, Bergström U, Bodin Ö, Sundblad G, Eriksson BK, Erlandsson M, Fredriksson R, Eklöf JS. Predation and spatial connectivity interact to shape ecosystem resilience to an ongoing regime shift. Nat Commun 2024; 15:1304. [PMID: 38347008 PMCID: PMC10861472 DOI: 10.1038/s41467-024-45713-1] [Citation(s) in RCA: 1] [Impact Index Per Article: 1.0] [Reference Citation Analysis] [Abstract] [Key Words] [MESH Headings] [Grants] [Track Full Text] [Journal Information] [Subscribe] [Scholar Register] [Received: 05/12/2023] [Accepted: 02/02/2024] [Indexed: 02/15/2024] Open
Abstract
Ecosystem regime shifts can have severe ecological and economic consequences, making it a top priority to understand how to make systems more resilient. Theory predicts that spatial connectivity and the local environment interact to shape resilience, but empirical studies are scarce. Here, we use >7000 fish samplings from the Baltic Sea coast to test this prediction in an ongoing, spatially propagating shift in dominance from predatory fish to an opportunistic mesopredator, with cascading effects throughout the food web. After controlling for the influence of other drivers (including increasing mesopredator densities), we find that predatory fish habitat connectivity increases resilience to the shift, but only when densities of fish-eating top predators (seals, cormorants) are low. Resilience also increases with temperature, likely through boosted predatory fish growth and recruitment. These findings confirm theoretical predictions that spatial connectivity and the local environment can together shape resilience to regime shifts.
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Affiliation(s)
- Agnes B Olin
- Department of Ecology, Environment and Plant Sciences, Stockholm University, Stockholm, Sweden.
- Department of Aquatic Resources, Swedish University of Agricultural Sciences, Uppsala, Sweden.
| | - Ulf Bergström
- Department of Aquatic Resources, Swedish University of Agricultural Sciences, Uppsala, Sweden
| | - Örjan Bodin
- Stockholm Resilience Centre, Stockholm University, Stockholm, Sweden
| | - Göran Sundblad
- Department of Aquatic Resources, Swedish University of Agricultural Sciences, Uppsala, Sweden
| | - Britas Klemens Eriksson
- Groningen Institute for Evolutionary Life Sciences, University of Groningen, Groningen, the Netherlands
| | - Mårten Erlandsson
- Department of Aquatic Resources, Swedish University of Agricultural Sciences, Uppsala, Sweden
| | - Ronny Fredriksson
- Department of Aquatic Resources, Swedish University of Agricultural Sciences, Uppsala, Sweden
| | - Johan S Eklöf
- Department of Ecology, Environment and Plant Sciences, Stockholm University, Stockholm, Sweden
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