Franses, Philip Hans; Knecht, Knecht, W. - Faculteit der Economische Wetenschappen, Erasmus … - 2012
Collectible postage stamp prices in the Netherlands witnessed a bubble in the late 1970’s, while prices rapidly floored in the mid 1980’s. We analyze 500 individual stamps prices (instead of a single index) to examine if the bubble could somehow have been predicted and whether there were...