Rational Speculative Bubbles in the Fine Wine Investment Market

• Autorzy: Marcin Czupryna , Paweł Oleksy
• Języki publikacji: EN

Abstrakty

EN

The paper focuses on detection of rational speculative bubbles in fine wine investment market. Our research was conducted using recursive tests. The chosen method additionally allowed us to set time frames for potential bubbles. The results have shown that speculative bubble episodes appeared between 2006-2007 both in fine wine market and in most of selected traditional stock exchanges. However, only the fine wine market recorded the second wave of speculative bubbles between 2010-2011. (original abstract)

Słowa kluczowe

EN

Economic bubble; Investment; Wine market

PL

Bańka spekulacyjna; Inwestycje; Rynek wina

• Czasopismo: Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace / Szkoła Główna Handlowa
• Rocznik: 2015
• Numer: nr 3, t. 3 Rynek kapitałowy
• Strony: 159--172

Twórcy

autor

Marcin Czupryna

• Uniwersytet Ekonomiczny w Krakowie

autor

Paweł Oleksy

• Uniwersytet Ekonomiczny w Krakowie

Bibliografia

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Identyfikatory

DOI

https://doi.org/10.33119/KKESSiP.2015.3.3.12