IDEAS home Printed from https://ideas.repec.org/a/ids/amerfa/v6y2021i3-4p284-296.html
   My bibliography  Save this article

Bubbles in the virtual finance: an application of the Phillips-Wu-Yu (2011) methodology on the bitcoin price

Author

Listed:
  • Myriam Ben Osman
  • Kamel Naoui

Abstract

This paper aims to detect the existence of speculative bubbles in the bitcoin US price by using a year by year ADF test, initiated by Dickey and Fuller (1981), and SADF test, initiated by Phillips et al. (2011). Over the period 2011-2020, we detect several episodes of bubbles during specific times of our study period but most importantly we detect a huge bubble in 2017 and 2019.

Suggested Citation

  • Myriam Ben Osman & Kamel Naoui, 2021. "Bubbles in the virtual finance: an application of the Phillips-Wu-Yu (2011) methodology on the bitcoin price," American Journal of Finance and Accounting, Inderscience Enterprises Ltd, vol. 6(3/4), pages 284-296.
    • Handle: RePEc:ids:amerfa:v:6:y:2021:i:3/4:p:284-296
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=117214
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:amerfa:v:6:y:2021:i:3/4:p:284-296. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=229 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.