Sökning: "Tim Smits Van Oyen"

Hittade 1 uppsats innehållade orden Tim Smits Van Oyen.

  1. 1. Identifying asset pricing bubbles: Testing for explosive behavior in the NASDAQ and STOXX 600 Europe Technology indices

    Magister-uppsats, Lunds universitet/Nationalekonomiska institutionen

    Författare :Tim Smits Van Oyen; Mathias Elmer; [2016]
    Nyckelord :Asset pricing bubble; explosive behavior; right-tailed ADF; forward recursive regression; Business and Economics;

    Sammanfattning : A forward recursive estimation method is used to examine stock market data on unit root against explosive behavior as an indication of financial exuberance. Through specific dividend-stock pricing modeling, the recursive implementation of a right-tailed ADF test allows for directly testing the price index series on explosive behavior and its corresponding dividend series on non-explosive behavior. LÄS MER