Bhaduri, Saumitra; Ravi, Mahima - In: Macroeconomics and Finance in Emerging Market Economies 2 (2009) 1, pp. 79-92
The paper investigates the existence of speculative bubbles in the Indian stock market using both monthly and weekly returns for the period 1990-2007. Further, a year-by-year analysis using weekly returns was also carried out to test for the existence of bubbles in each individual year. The...