A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is application/pdf
.
Asset Price Bubbles in the Australian Market
2016
Social Science Research Network
Executive Summary We explore the prevalence of asset-price bubbles in Australian listed industrial equities and A-REIT markets. In contrast to the US listed stock markets, we find little evidence of asset-price bubbles in historical returns of Australian markets . Our findings are robust to the choice of econometric method and historical data range. We also provide a review of the literature surrounding asset-pricing bubbles, as well as a review of the econometric identification of asset-price
doi:10.2139/ssrn.2831806
fatcat:f5rtz55trncrthazplgueynccq