Predicting Financial Crashes Using Discrete Scale Invariance
| dc.creator | Johansen, Anders | |
| dc.creator | Sornette, Didier | |
| dc.creator | Ledoit, Olivier | |
| dc.date | 1999-03-21 | |
| dc.date | 1999-06-08 | |
| dc.date.accessioned | 2026-07-07T03:13:05Z | |
| dc.date.available | 2026-07-07T03:13:05Z | |
| dc.description | We present a synthesis of all the available empirical evidence in the light of recent theoretical developments for the existence of characteristic log-periodic signatures of growing bubbles in a variety of markets including 8 unrelated crashes from 1929 to 1998 on stock markets as diverse as the US, Hong-Kong or the Russian market and on currencies. To our knowledge, no major financial crash preceded by an extended bubble has occurred in the past 2 decades without exhibiting such log-periodic signatures. | |
| dc.description | 25 pages, 13 figures. Replaced with version accepted in J. of Risk. Title changed, 2 new figures as well as new text | |
| dc.identifier | https://arxiv.org/abs/cond-mat/9903321 | |
| dc.identifier | http://arxiv.org/abs/cond-mat/9903321 | |
| dc.identifier | Journal of Risk, Vol 1, No. 4 (1999) 5-32 | |
| dc.identifier.uri | http://salesiana.dossiersoluciones.com/handle/123456789/29160 | |
| dc.subject | Condensed Matter | |
| dc.title | Predicting Financial Crashes Using Discrete Scale Invariance | |
| dc.type | text |