Testing for multiple bubbles in the copper price: Periodically collapsing behavior
نویسندگان
چکیده
منابع مشابه
Testing for Periodically Collapsing Bubbles: an Generalized Sup Adf Test
Identifying explosive bubbles under the influence of their periodically collapsing property has long been a concern in bubble testing literature. In this paper, we argue that the sup Augmented Dickey-Fuller (ADF) test (Phillips, Wu and Yu, 2009), which implements a right-tail ADF test and a sup test on a forward expanding sample sequence, is sensitive to the sample starting point when there are...
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ژورنال
عنوان ژورنال: Resources Policy
سال: 2020
ISSN: 0301-4207
DOI: 10.1016/j.resourpol.2020.101587