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- W2481903518 abstract "This chapter investigates empirically the existence of periodically collapsing bubbles in the Asian emerging stock markets using the Enders–Siklos (2001) momentum threshold autoregressive model. As explained in Bohl (2003), this non-linear time series technique can be used to analyze bubble driven run-ups in stock prices followed by a crash in a non-cointegration framework with asymmetric adjustment. This technique offers a more potent insight in the stock prices behavior than can possibly be obtained using conventional non-cointegration tests. The empirical findings for 10 Asian emerging stock markets from 1993 to 2005 refute the bubble hypothesis." @default.
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- W2481903518 date "2007-12-06" @default.
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- W2481903518 title "Chapter 7 Periodically collapsing bubbles in the Asian emerging stock markets" @default.
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- W2481903518 doi "https://doi.org/10.1016/s1569-3767(07)00007-6" @default.
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