Rational bubbles in emerging stockmarkets

Mauricio Nunes and Sergio Da Silva

MPRA Paper from University Library of Munich, Germany

Abstract: We detected rational 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.

Keywords: bubbles; stockmarkets; emerging markets (search for similar items in EconPapers)
JEL-codes: E44 G12 (search for similar items in EconPapers)
Date: 2007-08-29
New Economics Papers: this item is included in nep-fmk and nep-mac
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:4641

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