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The analysis of bubbles and crashes on financial markets for emerging economies: Evidenced From BRICS

Author

Listed:
  • Kerim Eser AFÞAR

    (Department of Economics, Istanbul University, Turkey.)

  • Zakayo S. KISAVA

    (Department of Economics, University of Dar es Salaam, Tanzania.)

Abstract

This paper investigates the dynamics of financial bubbles and crashes in emerging economies, focusing on BRICS countries. It applies econometric models to identify patterns and assess market vulnerabilities.

Suggested Citation

  • Kerim Eser AFÞAR & Zakayo S. KISAVA, 2018. "The analysis of bubbles and crashes on financial markets for emerging economies: Evidenced From BRICS," Turkish Economic Review, EconSciences Journals, vol. 5(1), pages 1-11, March.
    • Handle: RePEc:cvv:journ2:v:5:y:2018:i:1:p:1-11
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    References listed on IDEAS

    as
    1. Peter C. B. Phillips & Shuping Shi & Jun Yu, 2015. "Testing For Multiple Bubbles: Limit Theory Of Real‐Time Detectors," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56, pages 1079-1134, November.
    2. Johansen, Anders & Sornette, Didier, 2001. "Finite-time singularity in the dynamics of the world population, economic and financial indices," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 294(3), pages 465-502.
    3. Peter C. B. Phillips & Shuping Shi & Jun Yu, 2015. "Testing For Multiple Bubbles: Limit Theory Of Real‐Time Detectors," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(4), pages 1079-1134, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

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    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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