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Author
Czupryna Marcin (Uniwersytet Ekonomiczny w Krakowie), Oleksy Paweł (Uniwersytet Ekonomiczny w Krakowie)
Title
Rational Speculative Bubbles in the Fine Wine Investment Market
Source
Kwartalnik Kolegium Ekonomiczno-Społecznego Studia i Prace / Szkoła Główna Handlowa, 2015, nr 3, t. 3, s. 159-172, wykr., tab., bibliogr. 17 poz.
Issue title
Rynek kapitałowy
Keyword
Bańka spekulacyjna, Inwestycje, Rynek wina
Economic bubble, Investment, Wine market
Note
summ.
Abstract
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)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
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Bibliography
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Cited by
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ISSN
2082-0976
Language
eng
URI / DOI
https://doi.org/10.33119/KKESSiP.2015.3.3.12
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