Article ID Journal Published Year Pages File Type
5062051 Economics Letters 2008 4 Pages PDF
Abstract

This study employs a new test to detect the existence of stochastic explosive root bubbles. We find evidence of bubbles in stock markets of Taiwan, Malaysia, Indonesia, the Philippines and Thailand, but no evidence of bubbles in South Korea over our sample period.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Testing for stochastic explosive root bubbles in Asian emerging stock markets
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