Work

Are financial crashes predictable?

Year: 1999
Type: article
Abstract: We critically review recent claims that financial crashes can be predicted using the idea of log-periodic oscillations or by other methods inspired by the physics of critical phenomena. In particular, the October 1997 "correction" does not appear to be the accumulation point of a geometric series of local minima.
Authors: L Laloux, M Potters, R Cont, J.-P Aguilar, J.-P Bouchaud
Language: English
Open Access status: bronze
OpenAlex ID: W2083369563
FWCI: 20.25
Cites: 7
Cited by: 64
Related to: 10