investigating the presence of periodically collapsing bubbles in seven Asian and seven Latin American emerging markets. Although a … number of studies, using different approaches have studied presence of bubbles in emerging markets, none have applied the … investigation is that asset prices may not result in periodically collapsing bubbles in most emerging markets. Thus, our findings …

This study examines the causal linkages among several emerging stock markets in Asia and Latin America since 1990 …

presence of rational bubbles by employing several tests on a large dataset that includes three bubble episodes. We also convert … exhibit bubbles in all markets while the sup augmented Dickey-Fuller test suggests Hong Kong, Japan, and Thailand exhibit an … explosive process. The cointegration tests show that Hong Kong, Japan, Malaysia, and Thailand may have bubbles while the …

We extend the rational speculative bubbles literature to the frontier emerging stock markets. For this purpose, this … show strong evidence of rational speculative bubbles in the frontier emerging stock markets …

periodically collapsing emerging market stock price bubbles. The test results refute the bubble hypothesis …

in emerging Asia after the NIRP was announced. …