Credit Growth, Rational Bubbles and Economic Efficiency
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DOI: 10.1057/s41294-018-0054-8
Abstract: Excessive credit growth and the emergence of bubbles increase the likelihood of a systemic crisis. While no causality between credit growth and systemic crises has been empirically established, it seems reasonable to think that excessive… read more here.
Keywords: growth rational; credit; bubbles economic; rational bubbles ... See more keywords
Testing for rational bubbles in the UK housing market
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DOI: 10.1080/00036846.2020.1820440
Abstract: ABSTRACT Over the past decade, the UK has witnessed significant booms in the real estate market, and housing prices have experienced increases. Since 1997, the housing price has almost tripled, which is far beyond the… read more here.
Keywords: testing rational; rational bubbles; market; housing ... See more keywords
Examining Rational Bubbles in Oil Prices: Evidence from Frequency Domain Estimates
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DOI: 10.32479/ijeep.7608
Abstract: This study examined the existence of rational bubbles in oil prices by employing a frequency domain econophysics technique that have capacity to identify both explosive behaviour and bubbles in oil prices for the three largest… read more here.
Keywords: rational bubbles; bubbles oil; oil prices; frequency domain ... See more keywords