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Bolhas Racionais no Índice Bovespa

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  • Nunes, Maurício Simiano
  • da Silva, Sérgio

Abstract

We checked for the presence of rational bubbles in the Sao Paulo Stock Exchange index using both linear and nonlinear cointegration. We detected the presence of explosive and periodically collapsing bubbles, but could not track intrinsic bubbles.

Suggested Citation

  • Nunes, Maurício Simiano & da Silva, Sérgio, 2009. "Bolhas Racionais no Índice Bovespa," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 63(2), June.
    • Handle: RePEc:fgv:epgrbe:v:63:y:2009:i:2:a:1098
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    Cited by:

    1. Márcio P. Laurini & Pedro Chaim, 2021. "Brazilian stock market bubble in the 2010s," SN Business & Economics, Springer, vol. 1(1), pages 1-19, January.

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