✦ LIBER ✦

Rational bubbles: A test

✍ Scribed by Roger Craine

Publisher: Elsevier Science
Year: 1993
Tongue: English
Weight: 1005 KB
Volume: 17
Category: Article
ISSN: 0165-1889
DOI: 10.1016/0165-1889(93)90017-m

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

A test for rational bubbles in stock pri

A test for rational bubbles in stock prices

✍ Yuichi Fukuta 📂 Article 📅 2002 🏛 Springer-Verlag 🌐 English ⚖ 119 KB

Testing for rational bubbles in banking

Testing for rational bubbles in banking indices

✍ Daniel O. Cajueiro; Benjamin M. Tabak 📂 Article 📅 2006 🏛 Elsevier Science 🌐 English ⚖ 199 KB

In this paper a simple test for detecting bilinearity in a stochastic unit root process is used to test for the presence of rational bubbles in banking equity indices. The empirical evidence for a set of 39 banking indices for different countries, after adjusting for GARCH effects, suggests that for

Are There Rational Speculative Bubbles i

Are There Rational Speculative Bubbles in REITs?

✍ Benjamas Jirasakuldech; Robert D. Campbell; John R. Knight 📂 Article 📅 2006 🏛 Springer US 🌐 English ⚖ 402 KB

A clear test of rational voting

✍ Jeffrey W. Smith 📂 Article 📅 1975 🏛 Springer US 🌐 English ⚖ 804 KB

A test battery for rational database upd

A test battery for rational database updating

✍ Sven O. Hansson 📂 Article 📅 1996 🏛 Elsevier Science 🌐 English ⚖ 883 KB

Market fundamentals versus rational bubb

Market fundamentals versus rational bubbles in stock prices: a Bayesian perspective

✍ Nathan S. Balke; Mark E. Wohar 📂 Article 📅 2008 🏛 John Wiley and Sons 🌐 English ⚖ 469 KB

## Abstract Using Bayesian Markov chain Monte Carlo methods, we decompose the log price‐dividend ratio into a market fundamentals component and a bubble component. The market fundamentals component depends on expectations of future dividend growth and required returns, while the bubble component is