speculative bubbles in financial markets. In the first part of the paper, we have presented the most known speculative bubbles … of the paper we have briefly presented the four main stages of developing speculative bubbles. In the last part of the … paper we have concluded that besides the general opinion that bubbles make more harm to investors and economies, the human …

The purpose of this paper is to look for bubbles in the Art Market using a structure based on steady state results for … TAR models and appropriate definitions of bubbles recently put forward by Knight, Satchell and Srivastava (2011). The … usual method for investigating bubbles is to measure prices as deviations from fair value. We assess whether it is …

This paper provides an early warning indicator for bubbles in financial markets. The indicator is based on traditional … consensus bubbles and gives warning signals well ahead of the crash, in most cases as early as 12 months ahead. The indicator … also signals most of the 'negative bubbles' before their turning points. …