Pele, Daniel Traian; Mazurencu-Marinescu, Miruna; … - Tinbergen Instituut - 2013
In this paper we investigate the herding behaviour of the Bucharest Stock Exchange (BSE), using log periodic power laws models. By analysing the behaviour of the most speculative index from the Bucharest Stock Exchange, the BET-FI, we are able to demonstrate that Log-Periodic Power Law (LPPL)...