Chiang, Ming-Chu; Tsai, I-Chun; Lee, Cheng-Feng - In: The Quarterly Review of Economics and Finance 51 (2011) 1, pp. 82-87
This paper uses the stock performance of construction companies in Taiwan to test whether there are bubbles. The panel data tests are employed to find whether the prices of construction company stocks reflect fundamental indicators and to detect the bubble-like behavior of the stock prices. A...