The presence of rational speculative bubbles in 28 commodities is investigated using the duration dependence test on the stochastic interest-adjusted basis. 11 of 28 commodities experienced some episodes of rational speculative bubble. These commodities are WTI crude oil, coffee, corn, soybean...

We investigate the presence of rational speculative bubbles in 28 commodities traded in the U.S. markets. Using the duration dependence test on the stochastic interest-adjusted basis, we find that 11 of 28 commodities experienced some episodes of rational speculative bubble. These commodities...

The stock market in Thailand experienced several apparent boom and bust cycles in recent years, which raises the question of whether equity prices in Thailand reflect their fundamental values. This paper examines whether the Thai equity market was characterized by rational expectations bubbles...

The presence of rational speculative bubbles in 28 commodities is investigated using the duration dependence test on the stochastic interest-adjusted basis. Eleven of 28 commodities experienced some episodes of rational speculative bubble. These commodities are West Texas Intermediate (WTI)...