Research article

Oil and stock markets volatility during pandemic times: a review of G7 countries

  • This review aims to produce insight into the volatilities trio (COVID-19 crisis, stock markets, and crude oil volatility). The understanding of risk trends in stock markets of G7 economies and crude oil as a hedge are two vital concerns for investors, researchers, and portfolio managers around the globe. During the pandemic times, globally among others oil and stock markets are severely getting affected. Considering the main purpose and role of G7 countries to resolve global issues focusing on economic concerns, this review is planned. The published work in journals of repute was selected on the term mechanism (COVID-19 and stock markets or COVID-19 and oil prices) was conducted which resulted in 29 articles in total. It was found in the resulting articles that there exists plunged volatility in stock markets and crude oil due to COVID-19. Crude oil has mixed results as a hedge due to price fluctuation. It was found that prices of crude oil declined due to lockdowns which consequently decreased the demand, however, still demand caused lower oil price. Likewise, the COVID-19 triggered to increase in the volatility of all G7 stock markets. This review is the first of its kind combining theoretical information about the impact of COVID-19 on crude oil and stock markets around G7 countries. Moreover, current research opens potential avenues for future research and this review can be helpful for similar efforts at a later stage.

    Citation: Tahir Mumtaz Awan, Muhammad Shoaib Khan, Inzamam Ul Haq, Sarwat Kazmi. Oil and stock markets volatility during pandemic times: a review of G7 countries[J]. Green Finance, 2021, 3(1): 15-27. doi: 10.3934/GF.2021002

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  • This review aims to produce insight into the volatilities trio (COVID-19 crisis, stock markets, and crude oil volatility). The understanding of risk trends in stock markets of G7 economies and crude oil as a hedge are two vital concerns for investors, researchers, and portfolio managers around the globe. During the pandemic times, globally among others oil and stock markets are severely getting affected. Considering the main purpose and role of G7 countries to resolve global issues focusing on economic concerns, this review is planned. The published work in journals of repute was selected on the term mechanism (COVID-19 and stock markets or COVID-19 and oil prices) was conducted which resulted in 29 articles in total. It was found in the resulting articles that there exists plunged volatility in stock markets and crude oil due to COVID-19. Crude oil has mixed results as a hedge due to price fluctuation. It was found that prices of crude oil declined due to lockdowns which consequently decreased the demand, however, still demand caused lower oil price. Likewise, the COVID-19 triggered to increase in the volatility of all G7 stock markets. This review is the first of its kind combining theoretical information about the impact of COVID-19 on crude oil and stock markets around G7 countries. Moreover, current research opens potential avenues for future research and this review can be helpful for similar efforts at a later stage.



    The idea of Abelian p-groups has been broadly generalized by a number of scholars who are interested in module theory. Many group notions, such as purity, projectivity, injectivity, height etc., have been generalized for modules. Since 1976, the concept of TAG modules and their related features have received considerable interest among several generalizations of torsion Abelian groups (see, e.g., [1,2]).

    The results for groups that are not true for modules in general are generalized for modules by applying conditions on modules or underlying rings or both. We applied the condition on modules that every finitely generated submodule of every homomorphic image of the module be a direct sum of uniserial modules, while the rings are associative with unity (called QTAG modules, see [3]). By applying this condition, several interseting group results may be established for QTAG modules, which are not true for modules in general.

    The concept of transitivity for Abelian groups dates back to Kaplansky [4]. Different aspects of transitivity have been studied by many authors, and it is a hot topic in current research on Abelian groups; for more details one can go through [5,6,7,8] etc. Recently, in [5], the authors defined a new class of transitivity called as H-fully transitive using the height valuation from group G, which is an extension of Kaplansky's [4] standard definition of fully transitive groups. Several authors generalize these interseting topics to modules. In the recent developement for the same one can go through [9,10]. In [10], authors defined two new concepts of transitivity and named them as quotient transitivity and cyclic submodule transitivity using a new approach which is based on isomorphism of quotients and makes no use of height sequences. In this paper, we focus our attention to generalize the case of subgroup transitivity to the submodule transitivity in QTAG-modules via isotype submodules. The motivation comes from the paper [11] and we generalize many results here from the same.

    One of the co-authors' earlier works, which are provided as quotes and suitably referenced here, give some of the fundamental concepts that are utilized in this study and it is prerequisite to understand the subsequence sections of this paper.

    "All the rings R considered here are associative with unity, and modules M are unital QTAG-modules. An element xM is uniform if xR is a non-zero uniform (hence uniserial) module, and for any R-module M with a unique composition series, d(M) denotes its composition length. For a uniform element xM,e(x)=d(xR) and HM(x)=sup{d(yRxR)yM,xyRandyuniform} are the exponent and height of x in M, respectively. Hk(M) denotes the submodule of M generated by the elements of height at least k and Hk(M) is the submodule of M generated by the elements of exponents at most k. For an ordinal σ, a submodule N of M is said to be σ-pure, if Hβ(M)N=Hβ(N) for all βσ [12], and a submodule N of M is said to be an isotype in M, if it is σ-pure for every ordinal σ [13]. Let M be a module. Then, the sum of all simple submodules of M is called the socle of M and is denoted by Soc(M). If M and M are QTAG modules then a homomorphism f:MM is an isometry if it is 1-1, onto and HM(f(x))=HM(x), for all xM. A submodule N of a QTAG-module M is a nice submodule if every nonzero coset a+N is proper with respect to N, i.e., for every nonzero a+N there is an element bN such that HM(a+b)=HM/N(a+N).

    A family N of submodules of M is called a nice system in M if

    (i) 0N;

    (ii) {Ni}iI is any subset of N, then ΣINiN;

    (iii) Given any NN and any countable subset X of M, there exists KN containing NX such that K/N is countably generated [14].

    Every submodule in a nice system is a nice submodule. An h-reduced QTAG module M is called totally projective if it has a nice system."

    The notations and terminology are widely used and adhered to [15,16].

    Hasan [17] extended the concept of transitivity for groups to QTAG modules with the help of U-sequences of their elements.

    "A QTAG module M is fully transitive if for x,yM, U(x)U(y), there is an endomorphism f of M such that f(x)=f(y) and it is transitive if for any two elements x,yM, with U(x)U(y), there is an automorphism f of M such that f(x)=f(y). A QTAG-module M is strongly transitive if for x,yM, U(x)=U(y), there exists an endomorphism f of M such that f(x)=y." Transitivity of modules have been further generalized and different notions of transitivity have been introduced by Hasan [17].

    There are examples when x,yM and there is a height-preserving isomorphism from xR to yR but no height-preserving isomorphism from MxR to MyR. This motivates us to study submodule transitivity.

    We start with the following:

    Definition 3.1. The submodules N, K of a QTAG module M are said to be equivalent if there exists a height-preserving automorphism f of M such that f(N)=K. These submodules are compatible if for any xN, yK, there exists zNK such that H(x+z)H(x+y).

    Remark 3.1. If two submodules N,KM are equivalent, then NK, M/NM/K and the isomorphisms are height preserving. For a coset x+N, we define the height of a coset as sup{H(x+y)+1|yN}.

    To proceed further we need the following:

    Definition 3.2. A QTAG module M is transitive with respect to isotype submodules if for any two isotype submodules N,KM, NK, MNMK with height-preserving isomorphisms.

    Although we have concentrated on transitivity up to this point, it is probably fair to argue that our key finding is the following theorem. Under plausible premises, this theorem argues that a map may be extended in such a way that it concurrently lifts a given quotient map.

    Theorem 3.1. Let M/N and M/N be totally projective QTAG modules with nice submodules N, N of the modules M, M respectively, and let K, K be isotype submodules of M, M containing N, N, respectively. Then, each height-preserving isomorphism ϕ:NN extends to an isomorphism ψ from M onto M with ψ(K)=K if and only if the Ulm-Kaplansky invariants of K relative to N are same as the Ulm-Kaplansky invariants of K relative to N and there is a height preserving isomorphism ρ:M/KM/K. If the above conditions are satisfied then ψ can be chosen to induce ρ.

    Proof. Without losing broader implications, we suppose that M=M. Consider a totally projective module T and MT. Now, MTMT, and the isomorphism between M/K and M/K is preserved. For all ordinals α, we may consider the decomposition Soc(Hα(K))=Soc(Hα+1(K)Sα and Soc(Hα(K)=Soc(Hα+1(K)Sα). Now we may put Sα(N)={x|xSα,H(x+N)>α+1} and Sα(N)={x|xSα,H(x+N)>α+1}. For each α, ϕ induces an isomorphism ϕα:Sα(N)Sα(N) where H(x+N)>α+1 if and only if H(ϕα(x)+N)>α+1. Since the Ulm-Kaplansky invariants of K relative to N are the same as the Ulm-Kaplansky invariants of K relative to N, we have g(SαSα(N))=g(S(α)Sα(N)), and we have isomorphism σα:SαSα that extends the ϕαs.

    Consider the family A consisting of all the triples (P,Q,f), where P and Q are nice submodules of M containing N and N, respectively, satisfying the following conditions:

    (i)f is a height-preserving isomorphism extending ϕ.

    (ii)f(x)+K=P(x+K) for all xP

    (iii) If ySβ,xP, then, H(x+y)>β+1 if and only if H(σα(x)+f(y))>β+1.

    Thus, (N,N,ϕ)A. It is sufficient to show that if P=P+zR is an extension of P and (P,Q,f)A, then there exists Q and P such that (P,Q,f)A with f extending f. Suppose H(z)=α+1 and z is proper with respect to P. We then have to find zM such that

    (i)H(z)=α+1;

    (ii)u=f(u) where d(zRuR)=d(zRuR)=1;

    (iii)z is proper with Q;

    (iv)z+K=ρ(z+K), and

    (v) if xSα,yP, then H(x+z+y)>α+1 if and only if H(σα(x)+z+f(y))>α+1.

    To ensure the existence of z, we have to consider two cases.

    Case (i): H(u)>α+2 and H(z+K)>α+1. Since ρ is height-preserving ρ(z+K)=v+K, where H(v)>α+1. Then, vf(u)KHα+2(M), and therefore f(w)=w, where d(wRwR)=1 for some w=v+t, tHα+1(K). We may replace v+t with v, and then we have w=f(u). Since H(z+K)>α+1, H(z+a)>α+1 for some aK. Now H(a)=α+1 and H(a1)>α+2, where d(aRa1R)=1. Thus, a1R=a1R, where a1Hα+1(K). We have aaSoc(Hα(k)), and there is some bHα+1(M) such that x=zbSα. Let z=v+σα(x), then (i), (ii) and (iii) hold this choice of z. Since z is proper with respect to P and bHα+1(M), x is also proper with respect to Q=f(P). Therefore, σα(x) is also proper with respect to Q=f(P), and z satisfies (iii), as vHα+1(M). Now, z and z ensure that (v) holds. For xSα and cP, H(x+z+c)>α+1, if and only if H(x+x+c)>α+1 and H(σα(x)+z+f(c))>α+1 if and only if H(σα(x+x)+f(c))>α+1.

    Either of the two inequalities in (v) imply that H(y)α+1 and H(z1)>α+2, where d((z+y)RzR)=1. Therefore, (i) and (ii) hold for z+y. If the first inequality in (v) holds, then, H(z+y+k)H(σα(x)+z+y)>α+1, while if the second is satisfied, then, H(z+y+K)=H(P(z+y)+K)=H(z+f(y)+K)H(σα(x)+z+f(y))>α+1.

    Case (ii): Now we are able to handle case (ii), when H(u)=α+2 or H(z+k)α+1. Since ρ is height-preserving ρ(z+K)=b+K for some bHα(M). Then, bf(u)KHα+1(M)=Hα+1(K), and therefore H(z+K)=H(ρ(z+K))=H(z+K)H(z), implying that H(z)=α+1. Since z is not proper with respect to Q, this becomes the case (i). If H(z+f(y))>α+1 for some yP, then we may replace z with z+y. Thus, we may assume that z satisfies (iii), and we only have to prove (v). If we replace z with z+y, then again by case (i) the inequalities of (v) are satisfied.

    The immediate implication of Theorem 3.1 is as follow:

    Theorem 3.2. Let N and K be isotype submodules of a totally projective QTAG module M. If N, K have the same Ulm-Kaplansky invariants and there is a height-preserving isomorphism f from M/N onto M/K, then there is an automorphism ˉf of M that maps N onto K. Moreover, if f:M/NM/K is a height-preserving isomorphism, there is an automorphism ˉf that induces f.

    These results suggest two different variations of the concept of transitivity. We define U-transitivity where the submodules N, K may not be isomorphic but they have same the Ulm-Kaplansky invariants.

    Definition 3.3. A QTAG module M is U-transitive if any two isotype submodules N, K having the same Ulm-Kaplansky invariants with M/NM/K, correspond under some automorphism of M.

    For the other variation, we need the following:

    Definition 3.4. Two equivalent submodules N, K of M are strongly equivalent if for any height preserving isomorphism ˉf:M/NM/K, there is an automorphism f of M that induces ˉf. A QTAG module is strongly U-transitive if every pair of isotype submodules N, K are strongly equivalent whenever they have the same Ulm-Kaplansky invariants and there exists a height-preserving isomorphism between M/N and M/K.

    The argument of the following claim demonstrates the importance of the additional strong U-transitivity criterion that is missing from U-transitivity.

    Proposition 3.1. A direct summand of a strongly U-transitive QTAG module is again strongly U-transitive.

    Proof. Suppose M is strongly U-transitive and M=NK. Let N1, N2 be isotype submodules of N such that N1, N2 have the same Ulm-Kaplansky invariants and there exists a height-preserving isomorphism f:N/N1N/N2. Since N is the summand of M, it is an isotype submodule of M, and therefore HN(x+N1)=HM(x+N1). Now, f can be extended to ˉf:M/N1M/N2 such that ˉf(x+N1)=x+f(N1) when xK, and ˉf is again height preserving. Since M is strongly U-transitive, there is an automorphism ϕ of M that induces ˉf. Thus, ϕ(N1)=N2 but ϕ(N)=N because ˉf|N1/N2=f. Therefore, restriction of ϕ to N is an automorphism of N that induces f, and N is strongly U-transitive.

    The previous demonstration does not hold up for U-transitivity, as we previously proposed, nor does it hold up if we utilize the notion of transitivity of isotype submodules based on Definition 3.2. In both instances, the strong versions are required.

    Theorem 3.3. Let N, N be nice submodules of M and M, respectively, where M/N and M/N are totally projective. Let K and K be isotype submodules of M and M, respectively, such that N and K are compatible and N and K are compatible. Suppose fα(K,NK)=fα(K,NK) for all ordinals α and ϕ:MKMK and ρ:NN are height preserving-isomorphism for which ρ(a)+K=ϕ(a+K)aN. Then, there exists an isomorphism ψ:MM that lifts ϕ and extends ρ.

    Proof. Let ϕ:MKMK and ρ:NN be height-preserving isomorphisms such that ρ(a)+K=ϕ(a+K). Now, aNK if and only if ρ(a)NK.

    For each α, let

    SocHα(K)=SαSoc(Hα+1(K)),
    SocHα(K)=SαSoc(Hα+1(K)).

    We may define

    Sα(NK)={xSα|H(x+z)>α for somezNK},
    andSα(NK)={xSα|H(x+z)>α for somezNK}.

    The restriction of the isomorphism ρ:NN to an isomorphism between NK and NK induces an isomorphism ϕα:Sα(NK)Sα(NK). If xSα and H(x+z)>α with zNK, then, z1Hα+2(K) where d(zRz1R)=1 because xSoc(M) and K is the isotype. If we put z=ρ(z), then, H(z)=α=H(z). Since ρ(NK)=NK, zNK and H(z1)=H(z1)=H(x1)α+2. Here, d((x+z)Rx1R)=1 and d(zRz1R)=1. Therefore, z1=u1, where uHα+1(K) and d(uRu1R)=1. Hence, zuSoc(Hα(K)) and uz=x+v, where xSα and vSoc(Hα+1(K)). Now, x+zSoc(Hα(K)). Therefore, H(x+z)>α and x(NK), and thus the mapping that maps x onto z is the required isomorphism from Sα(NK) to Sα(NK).

    Since the Ulm-Kaplansky invariants of K with respect to NK are the same as those of K with respect to NK, the isomorphism from Sα(NK) to Sα(NK) can be extended to an isomorphism ϕα:SαSα. If xSα, then H(x+z)>α for zNK iff H(ϕα(x)+ρ(z))>α. We must demonstrate that every element of N satisfies this requirement. Suppose for xSα, bN and H(x+b)>α. Since N and K are compatible and xK, H(x+a)>α for some aNK. Based on the above, we have H(ϕα(x)+ρ(a))>α. Again, H(z+b)>α and H(z+a)>α, therefore, H(ba)>α and H(ρ(b)ρ(a))>α. Hence, H(ϕα(x)+ρ(b))>α. We can say that H(x+b)>α if and only if H(ϕα(x)+ρ(b))>α.

    Suppose P and Q are nice submodules of M and M, respectively, and f:PQ is an isomorphism such that

    (i)f is a height-preserving isomorphism that extends ρ:NN;

    (ii)f(y)+K=ϕ(y+K) for all yP;

    (iii) And for each α if xSα and yP such that H(x+y)α+1 if and only if H(ϕα(x)+f(y)α+1.

    These conditions hold good if P=N, Q=N and f=ρ. Now P, Q are nice submodules of M and M, and N, N, respectively, and M/N, M/N are totally projective. Since nice submodules of M/N correspond to nice submodules of M and a totally projective module has a collection A of nice submodules, which is closed with respect to the union of modules and has the property that every countably generated submodule is contained in a countably generated module in A. Now, it is sufficient to show that for any zM, which is proper with respect to P such that z1P, d(zRz1R)=1, the isomorphism f:PQ can be extended to ˉf:P+zRQ+yR for some yM, which satisfies the conditions (i), (ii) and (iii). We shall consider the two cases separately. Let H(x)=β. We shall consider the following two cases:

    (i) When H(x1),H(x+K)>β+1, here, d(xRx1R)=1;

    (ii) When H(x1)=H(x+K)=β+1.

    In both cases we have to find zM with the following properties:

    (a)H(z)=β;

    (b)z1=f(z1), here d(zRz1)=1;

    (c)z is proper with respect to Q;

    (d)z+K=ϕ(z+K); and

    (e) If xSβ, tP, then H(z+x+t)β+1 if and only if H(ϕα(x)+z+f(t))β+1.

    Then, f:PQ can be extended to ˉf:P+zRQ+zR if we put ˉf(z)=z and ˉf satisfies (i) to (iii).

    Case (i): We choose zM, such that ϕ(z+K)=z+K. Since ϕ is height preserving, H(z+K)>β+1, and we may assume H(z)>β. Then, by condition (ii) on f, ϕ(z1+K)=f(z1)+K=z1+K, where d(zRz1R)=1=d(zRz1R). Hence, f(z1)z1KHβ+2(M)=Hβ+2(K). Therefore, there exists uHβ+1(K) such that u1f(z1)z1. Now, f(z1)=z1+u1, and by replacing z with z+u, z satisfies (b) and (d).

    Since H(z+K)>β+1, there exists uK such that H(z+u)β+1. Therefore, H(u)=H(z)=β and H(z1+u1)β+2(d(uRu1R)=1) and H(z+u)β+2, H(u1)β+2. Now u1=u1, where d(uRu1R)=1,uHβ+1(K), and we have uuSocHβ(K). If uu=c+d. If cSβ, dSocHβ+1(K), then, c=uud=z((z+u)u+d)=zw, where wHβ+1(M). If x=z+ϕβ(c), then, x satisfies the conditions (a), (b) and (d). Since z is proper with respect to P and wHβ+1(M), c=zw is also proper with respect to P. Now, by condition (iii) on f with α=β implies that ϕβ(c) is proper with respect to Q, and thus z is also proper with respect to Q because zHβ+1(M), and (c) also holds.

    To prove (e), consider cSβ and yP. Now, H(c+z+y)β+1 if and only if H(c+c+y)β+1, as z=c+w. By condition (iii), H(ϕβ(c+c)+f(y))β+1 if and only if H(ϕβ(c)+z+f(y))β+1 because z=ϕβ(c)+z.

    Case (ii): Let ϕ(z+K)=z+K, and we may assume that H(z)β. Then, by condition (ii), f(z1)z1KHβ+1(M), so there exists uHβ(K) such that f(z1)=v, where d((z+u)RvR)=1. If y=z+u, then, y satisfies (b) and (d).

    Since yHβ(M), H(y)=β implies H(y1)=H(z1)=β+1 or H(y)H(y+K)=H(z+K)=β+1, where d(yRy1R)=1. Now, (a) holds. If y is not proper with respect to Q, then H(y+f(x))β+1 for some xP. Consider z=z+x. Now, H(z+x)β and H(x)=H(f(x))=H(y)=β. Since x is proper with respect to P, H(z+x)β, i.e., H(z)=β and z is proper with respect to P. Also, H(z1)=H(f(z1))=H(y1+f(z1))>β+1. Therefore, H(z+K)=H(ϕ(z+K))=H(z+f(x)+K)=H(y+f(x)+K)>H(y+f(x))β+1.

    If (c) does not hold for y, then by case (i), we can find an element y corresponding to z.

    Let aSβ and xP. If H(a+x+z)β+1 or H(ϕα(a)+y+f(z))β+1, then we consider z=x+z. Now, H(z)=β, H(z1)>β+1, d(zRz1R)=1 and H(z+K)>β+1, and thus we can use case (i), since H(a)=H(ϕβ(a))=β, and either H(z+x)=β or H(y+f(x))=β. In the latter case, H(y)=β implies H(f(x))=H(x)β, and so H(z+x)β. Furthermore, H(x+z)H(z)=β and H(z1)=H(a+z+x)+1=H(ϕβ(a)+y+f(x))+1β+1, Therefore, H(z+K)>β+1. Thus, we can find y with the desired properties, and the extension is established. Based on the above discussion, we conclude that there is an isomorphism from M to M that lifts ϕ and extends ρ.

    Although the following result may be called a corollary of the above theorem, we chose to call it a lemma because it will be needed to establish two later theorems.

    Lemma 3.1. Let M be a QTAG module such that M/Hα(M) is totally projective for some α. Let N, N be isotype submodules of M having the same Ulm-Kaplansky invariants and a height-preserving isomorphism from M/N to M/N. If Hα(N) and Hα(N) are strongly equivalent in Hα(M), then N, N are strongly equivalent in M.

    Proof. Let ϕ:M/NM/N be a height-preserving isomorphism. This induces an isomorphism ϕα:Hα(M)Hα(N)Hα(M)Hα(N), which is again height-preserving because Hα(N)=Hα(M)N and Hα(N)=Hα(M)N. Now,

    Hα(M)Hα(M)NHα(M)+NN,
    Hα(M)Hα(M)NHα(M)+NN.

    Since Hα(N) and Hα(N) are strongly equivalent in Hα(M), there is an automorphism ψα of Hα(M) that induces ϕα. Thus, ψα maps Hα(N) onto Hα(N). If ρ=ψα, M=M, K=Hα(M)=K, then, every submodule of M is compatible with Hα(M).

    Theorem 3.4. Let M be a QTAG module and α is an ordinal for which M/Hα(M) is totally projective. If Hα(M) is strongly U-transitive, then, M is also strongly U-transitive.

    Proof. Let N, N be two isotype submodules of M having the same Ulm-Kaplansky invariants and a height-preserving isomorphism ϕ:M/NM/N. Now, Hα(N) and Hα(N) are isotype submodules of Hα(M) satisfying the same conditions. Thus, Hα(N) and Hα(N) have the same Ulm-Kaplansky invariants and there is a height-preserving isomorphism such that ϕα:Hα(M)Hα(N)Hα(M)Hα(N). Since Hα(M) is strongly U-transitive, the submodules Hα(N), Hα(N) are equivalent in Hα(M). By Lemma 3.1, M is strongly U-transitive.

    Now, we prove that if M is strongly U-transitive so is Hα(M). The total projectivity of M/Hα(M) is not required.

    Theorem 3.5. If M is a strongly U-transitive QTAG module, then, Hα(M) is also strongly U-transitive for any ordinal α.

    Proof. Suppose M is a strongly U-transitive QTAG module. Let N1, N2 be isotype submodules of Hα(M) such that N1, N2 have the same Ulm-Kaplansky invariants and there exists a height-preserving isomorphism ϕα:Hα(M)N1Hα(M)N2. Consider the submodules K1, K2 of M maximal with respect to the property K1Hα(M)=N1, K2Hα(M)=N2. Now, Hβ(M)K1=Hβ(K1) for all βα. If β>α, then, Hβ(M)K1=Hβ(K1) and K1 is isotype in M. Similarly, K2 is isotype in M. Now, α may be a limit ordinal or not and there may be two cases.

    Case (i): α=1. Since the submodules K1 and K2 are isotype which are maximal with respect to the property of containing N1, N2, respectively. Therefore, Soc(K1)Soc(H1(K1))Soc(M)Soc(H1(M))Soc(K2)Soc(H1(K2)), and thus the first Ulm-Kaplansky invariant of K1 is same as that of K2. Since H1(K1)=N1 and H2(K2)=N2, and N1, N2 have the same Ulm-Kaplansky invariant, K1, K2 also have the same Ulm-Kaplansky invariant. For α=1, we have an height-preserving isomorphism ϕ1:H1(M)H1(K1)H1(M)H1(K2 that gives rise to an isomorphism ψ1:H1(M/K1)H1(M/K2), and we have H1(M)H1(K1)=H1(M)H1(M)KH1(M)+K1K1=H1(M/K1). Similarly, H1(M)H1(K2)=H1(M/K2). Since ϕ1 is height-preserving, ψ1 is also height-preserving, and by the maximality of K1, K2 we have Soc(M/K1)=Soc(H1(M/K1)). Now, the isomorphism ψ1:H1(M/K1)H1(M/K2) can be extended to an isomorphism ψ:M/K1M/K2, which is again height-preserving. Since M is strongly U-transitive, there is an automorphism f of M that induces ψ and f|H1(M) induces ϕ1, thus H1(M) is strongly U-transitive. Inductively, Hn(M) is also strongly U-transitive for finite ordinals n.

    Case (ii): When α is a limit ordinal, we have to consider K1, K2 as in case (i). For all ordinals β<α, K1+Hβ(M)=M. Since K1 is an isotype, βth Ulm-Kaplansky invariant of K1 is same as the βth Ulm-Kaplansky invariant of M. Similarly, for all ordinals β<α, βth Ulm-Kaplansky invariant of K2 is same as the βth Ulm-invariant of M. Thus, K1, K2 have same Ulm-Kaplansky invariants upto α. Since Hα(K1)=N1, Hα(K2)=N2 and N1, N2 have same Ulm-Kaplansky invariants, K1, K2 have same Ulm-Kaplansky invariants.

    Now, consider the height-preserving isomorphism ϕ:M/K1M/K2. Since M/K1 and M/K2 are h-divisible hulls of Hα(M)+K1K1 and Hα(M)+K2K2, respectively, the isomorphism ϕ can be extended to an isomorphism ψ:M/K1M/K2. Also, H(x+K1)α+1 if and only if x+K1Hα(M)+K1K1 and H(x+K1)=α if x+K1Hα(M)+K1K1. The same is true for K2. Therefore, the extension ϕ:M/K1M/K2 preserves heights.

    As in case (i), let f be an automorphism of M that induces ψ. The restriction of f to Hα(M) is the required automorphism of Hα(M) that induces ϕα. Therefore, Hα(M) is strongly U-transitive.

    If the submodules N, KM are countably generated, then NK if and only if N, K have the same Ulm-Kaplansky invariants.

    Next, we investigate a wider class of modules, which are strongly transitive with respect to countably generated isotype submodules.

    Definition 3.5. A QTAG module is 0-transitive if any two countably generated isotype submodules N, K are strongly equivalent in M whenever NK and M/NM/K.

    Naji [18] defined α-modules M such that for all ordinal β<α, M/Hβ(M) is totally projective.

    Theorem 3.6. All α-modules are strongly 0-transitive.

    Proof. Let M be an α-module and N, K be isotype submodules with a countable length. We may choose a countable ordinal β such that NHβ(M)=0, KHβ(M)=0. Since M is an α-module, MHβ(M) is totally projective. Therefore, if NK and M/NM/K, by Lemma 3.1, N and K are strongly equivalent. Thus, for any ordinal α, α-modules are strongly 0-transitive.

    In classical notion of transitivity a key observation due to Hill and West [11], is that the transitivity property can also be persists by the action of automorphism between two isotype subgroups of p-groups. Taking this as motivation for the current article, we generalize this case to that of QTAG-modules and the most interesting finding in this paper, is the conditions discussed in Theorem 3.1 and, it is found that for isotype submodules N,K of a totally projective QTAG-module M with same Ulm-Kaplansky invariants and a height preserving isomorphism f from M/N to M/K there exists an automorphism f of M such that f(N)=K. This leads us to define U-transitivity and strongly U-transitive QTAG-modules. It is found that if M is strongly U-transitive then Hα(M) is also strongly U-transitive for any ordinal α. The proposed concept of transitivity based on submodules rather than elements yields some interesting results and can be explored further by researchers of this field.

    We end this article with the following discussion:

    The concepts of (strong, weak, fully) transitivity for groups to QTAG-modules have been generalized using U-sequences of their elements. But here in the present manuscript, we generalize the transitivity using a new approach of submodules. We conclude this manuscript with the following open problem:

    Under what conditions isotype submodules of QTAG-module M may define the properties of being strongly tranistive, weakly transitive and fully transitive for M?

    The authors declare no conflicts of interest.



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