Are financial crashes predictable?

被引：39

作者：

Laloux, L

Potters, M

Cont, R

Aguilar, JP

Bouchaud, JP

机构：

[1] Sci & Finance, F-92535 Levallois, France

[2] Ecole Polytech Fed Lausanne, Inst Phys Theor, CH-1015 Lausanne, Switzerland

[3] Capital Fund Management, F-92535 Levallois, France

[4] Ctr Etud Saclay, Serv Phys Etat Condense, F-91191 Gif Sur Yvette, France

来源：

EUROPHYSICS LETTERS | 1999年 / 45卷 / 01期

关键词：

D O I：

10.1209/epl/i1999-00122-9

中图分类号：

O4 [物理学];

学科分类号：

0702 ;

摘要：

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.

引用

页码：1 / 5

页数：5

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