. Consistency of the dating estimators is established and the limit theory addresses new complications arising from the alternative …

. Consistency of the dating estimators is established and the limit theory addresses new complications arising from the alternative …

Qatar. Asset prices bubbles formed then burst creating large loses. They could have moderated the effect of, or avoided, the …

Galí (2014) showed that a monetary policy rule that raises interest rates in response to bubbles can paradoxically lead … to larger bubbles. This comment shows that a central bank that wants to dampen bubbles can always do so by raising … argue Galí's model contains additional equilibria in which more aggressive rules dampen bubbles. We show that for these …

and other central banks. We overviewed the Stratonovich-Kalman-Bucy filtering algorithm theory and its numerous …

price bubbles. Against this background, the paper evaluates if new advances in real-time bubble detection, as brought … the bubbles in the sample. Therefore, the paper suggests a combination approach of different bubble indicators which helps … to account for the uncertainty around start and end dates of asset price bubbles. Additionally, the paper then …