Was there a stock market bubble in Hungary?

dc.contributor.authorKomáromi, György
dc.date.accessioned2021-07-01T09:46:08Z
dc.date.available2021-07-01T09:46:08Z
dc.date.issued2020-08-27
dc.description.abstractBubble is one of the most frequently used and colorful terms in economics. However, it is rarely explained in detail, most economists more or less agree on what it means. In the following paper we are going to show that the widely accepted explanation of bubble contains controversial, tautological reasoning. It is challenged from the theoretical side, but practical consequences will also be mentioned. Two questions hiding in the title above will be answered. First is to give a conceptual framework for analyzing stock prices to decide whether we can label as a bubble particular movements, upward and downward tendencies in stock prices. Second, with a coherent and consistent definition we will be able to answer the question whether there was a bubble in the Hungarian stock market between 1995-2002.en
dc.formatapplication/pdf
dc.identifier.citationCompetitio, Vol. 3 No. 1 (2004) ,
dc.identifier.doihttps://doi.org/10.21845/comp/2004/1/12
dc.identifier.eissn2939-7324
dc.identifier.issn1588-9645
dc.identifier.issue1
dc.identifier.jatitleCom
dc.identifier.jtitleCompetitio
dc.identifier.urihttps://hdl.handle.net/2437/320359en
dc.identifier.volume3
dc.languageen
dc.relationhttps://ojs.lib.unideb.hu/competitio/article/view/8175
dc.rights.accessOpen Access
dc.rights.ownerUniversity of Debrecen
dc.titleWas there a stock market bubble in Hungary?en
dc.typefolyóiratcikkhu
dc.typearticleen
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