Improving the accuracy of asset price bubble start and end date estimators

Recent research has proposed using recursive right-tailed unit root tests to date the start and end of asset price bubbles. In this paper an alternative approach is proposed that utilises model-based minimum sum of squared residuals estimators combined with Bayesian Information Criterion model selec...

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Bibliographic Details
Main Authors: Harvey, David I., Leybourne, Stephen J., Sollis, Robert
Format: Article
Published: Elsevier 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/38633/