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Apparent bubbles and misspecified fundamentals
Smith, Gregor W. - 1987
Persistent link: https://www.econbiz.de/10003532777
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Are there bubbles in the Sterling-dollar Exchange Rate? : new evidence from Sequential ADF Tests
Bettendorf, Timo; Chen, Wenjuan - 2012
There has been mixed evidence regarding the existence of rational bubbles in the foreign exchange markets. Standard … unit root and cointegration tests are criticized for their low power to detect rational bubbles that periodically collapse …. This paper introduces recently developed sequential unit root tests into the analysis of exchange rates bubbles. Our …
Persistent link: https://www.econbiz.de/10009704893
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Banks, markets, and financial stability
Eder, Armin; Fecht, Falko; Pausch, Thilo - 2014
We use a Diamond/Dybvig-based model with two banks operating in separate regions connected by a common asset market in which banks and sophisticated depositors invest. We study the effect of a potential run (crisis) and subsequent fire sales on the asset price in both the crisis and no-crisis...
Persistent link: https://www.econbiz.de/10010433396
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The real value of money under endogenous beliefs
Bertocchi, Graziella; Wang, Yong - 1992
Persistent link: https://www.econbiz.de/10000844027
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LTV regulation and housing bubbles
Chevallier, Claire Océane; El Joueidi, Sarah - 2020
Persistent link: https://www.econbiz.de/10012818364
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Asset bubbles, unemployment, and financial market frictions
Hashimoto, Ken'ichi; Im, Ryonghun; Kunieda, Takuma; … - 2020
Persistent link: https://www.econbiz.de/10012656192
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Speculative trade and market newcomers
Klishchuk, Bogdan - 2019
Arguing that in the real world relatively optimistic inexperienced investors are prey for relatively pessimistic veteran traders, we formalize this intuitive conjecture as a proven proposition in a simple model. This agreement to disagree leads to a perpetual bubble, in which more experienced,...
Persistent link: https://www.econbiz.de/10012064782
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A principal component-guided sparse regression approach for the determination of bitcoin returns
Stengos, Thanasēs; Panagiōtidēs, Theodōros; … - 2020
Persistent link: https://www.econbiz.de/10012152311
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LTV regulation and housing bubbles
Chevallier, Claire Océane; El Joueidi, Sarah - 2022
Persistent link: https://www.econbiz.de/10013337353
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Employment outcomes in the welfare state
Ngai, Liwa Rachel (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003649903