Essays about: "Tim Smits Van Oyen"

Found 1 essay containing the words Tim Smits Van Oyen.

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

    University essay from Lunds universitet/Nationalekonomiska institutionen

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

    Abstract : 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. READ MORE