Showing 31 - 40 of 24,568
The Log Periodic Power Law is a model used to define and measure speculative bubbles. This model has proven useful to … track bubbles and even predict crashes of liquid asset classes. Using this methodology coupled with properties of …
Persistent link: https://www.econbiz.de/10009366344
-Periodic Power Law (LPPL) model for financial bubble modelling, and discusses early criticism and recent generalizations proposed to … graphical tools to diagnose financial bubbles in the making in real time. An application of this methodology to the Gold bubble …
Persistent link: https://www.econbiz.de/10011113835
In this article we provide evidence for a rational bubble in S\&P 500 stock prices by applying a test for changing persistence under fractional integration proposed by Sibbertsen and Kruse (2007). We find strong evidence for stationary long memory before the estimated change point in 1955 and a...
Persistent link: https://www.econbiz.de/10010265683
to the payoff gradient. The base model has a stable equilibrium with classic properties. However, bubbles and crashes …
Persistent link: https://www.econbiz.de/10010285342
Bubbles in asset markets have been documented in numerous experimental studies. However, all experiments in which … bubbles occur pay dividends after each trading day. In this paper we study whether bubbles can occur in markets without … may have inside information, and (2) the option to communicate with other traders. We find that bubbles can indeed occur …
Persistent link: https://www.econbiz.de/10003592714
Persistent link: https://www.econbiz.de/10011389962
Bubbles are omnipresent in lab experiments with asset markets. Most of these experiments were conducted in environments … smaller bubbles if human traders expect algorithmic traders to be present. …
Persistent link: https://www.econbiz.de/10011392621
Persistent link: https://www.econbiz.de/10010516627
Persistent link: https://www.econbiz.de/10010533102
Persistent link: https://www.econbiz.de/10011285010