Showing 1 - 10 of 4,391
Persistent link: https://www.econbiz.de/10010678039
-residents and residents outside Singapore. One of the objectives of this MAS policy is to discourage speculation against the …
Persistent link: https://www.econbiz.de/10005181108
part of this price volatility to speculation. This phenomenon is investigated by estimating a general regime … collapsing bubbles story about Irish agricultural land prices. …
Persistent link: https://www.econbiz.de/10005424459
We propose a simple classroom experiment on speculative bubbles: the Bubble Game. This game is useful to discuss about … market efficiency and trading strategies in a financial economics course, and about behavioral aspects in a game theory … cap on asset prices, speculative bubbles can arise at the Nash equilibrium because no trader is ever sure to be last in …
Persistent link: https://www.econbiz.de/10010944638
This paper develops a model of credit-driven bubbles and asks when it gives rise to the patterns that policymakers … consistent with observations on credit terms during historical episodes often suspected to be bubbles. …
Persistent link: https://www.econbiz.de/10010930797
The efficient markets hypothesis implies that, in the presence of rational investors, bubbles cannot develop. We …
Persistent link: https://www.econbiz.de/10005136583
The study analyses the interaction between the trading behaviour of 1,024 moving average and momentum models and the fluctuations of the yen/dollar exchange rate. The paper shows first that these models would have exploited exchange rate trends quite profitably between 1976 and 1999, and then...
Persistent link: https://www.econbiz.de/10004975469
The study analyses the interaction between the trading behaviour of 1,024 moving average and momentum models and the fluctuations of the yen-dollar exchange rate. I show first that these models would have exploited exchange rate trends quite profitably between 1976 and 2007. I then show that the...
Persistent link: https://www.econbiz.de/10005020397
The paper investigates the profitability of 1,024 moving average and momentum models and their components in the yen-dollar market. It turns out that all models would have been profitable between 1976 and 2007. The models produce more single losses than single profits. At the same time, the size...
Persistent link: https://www.econbiz.de/10005020420
In this study it is attempted to estimate the amount of speculation in foreign exchange market. …
Persistent link: https://www.econbiz.de/10005657299