Economics, Econometrics and Finance
8 years ago

Vietnam stock market boom and bust cycles not rational bubbles.

Did a rational bubble exist in the Vietnam stock market
Hiroshi Gunji, Kazuki Miura

Paper Summary

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The study looked at whether Vietnam's stock market had rational bubbles from 2000 to 2008. They used tests to see if stock prices were stable or not. The results showed that there were no rational bubbles in Vietnam's stock market during that time.