pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially … Hungary (GAPH) suffered from frequent uncertainty shocks - and correspondingly high levels of uncertainty - caused by …

pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially … Hungary (GAPH) suffered from frequent uncertainty shocks – and correspondingly high levels of uncertainty – caused by …

In economics and finance, speculative bubbles take the form of locally explosive dynamics that eventually collapse. We … propose a test for the presence of speculative bubbles in the context of mixed causal-noncausal autoregressive processes. The … test exploits the fact that bubbles are anticipative, that is, they are generated by an extreme shock in the forwardlooking …