Explosive and Periodically Collapsing Bubbles in Emerging Stockmarkets
Abstract
We detected bubbles in 22 emerging stockmarkets using both standard and threshold cointegration. Eighteen stockmarkets experienced explosive bubbles (and some of them periodically collapsing bubbles as well). The remaining four markets experienced periodically collapsing bubbles only.
Suggested Citation
Sergio Da Silva and Mauricio Nunes. "Explosive and Periodically Collapsing Bubbles in Emerging Stockmarkets" Economics Bulletin 3.46 (2008): 1-18.