Identification of financial bubbles and crisis is a topic of major concern since it is important to prevent collapses … differential entropy based method using wavelet-based surrogates. We exploit the concept of recurrence plots to study the stock … financial bubbles, which have significantly impacted economic upheavals in the past few decades. …

Identification of financial bubbles and crisis is a topic of major concern since it is important to prevent collapses … differential entropy based method using wavelet-based surrogates. We exploit the concept of recurrence plots to study the stock … financial bubbles, which have significantly impacted economic upheavals in the past few decades. …

wavelet-based surrogates. A complex Morlet wavelet is employed to detect and characterize the US business cycle. A …

Abreu and Brunnermeier (2003) have argued that bubbles are not suppressed by arbitrageurs because they fail to … with the alternative according to which bubbles persist due to the difficulty of agreeing on the end of bubbles. We present …. We find overwhelming evidence that the beginning of bubbles is much better constrained that their end. Our results are …

bubbles. By using the formalism of dynamical system theory, we explain what drives the bubbles and how foreshocks or … rationalises the log-periodic power law singularity pattern documented in many historical financial bubbles. The notion of ‘ghosts …