Title of article
A simple procedure for detecting periodically collapsing rational bubbles
Author/Authors
Psaradakis، Zacharias نويسنده , , Sola، Martin نويسنده , , Spagnolo، Fabio نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-316
From page
317
To page
0
Abstract
This paper proposes a new procedure for detecting the presence of periodically collapsing rational bubbles via an analysis of the properties of the relevant observable time series. The procedure is based on random-coefficient autoregressive models. An empirical application of the procedure to German hyperinflation data is examined and discussed.
Keywords
Cigarette demand , Rational addiction , Health information
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21710
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