Образование спекулятивных ценовых пузырей в условиях мировой экономики
Аннотация
In some cases, speculative price bubbles lead to global financial crises, as was the case in 2008, which in turn affect the world economy. There have also been cases where local price bubbles have had great consequences for the world economy. These conditions make the topic quite relevant. Therefore, most reasonable investors would like to have tools to identify price bubbles. This paper aims to improve the current models for identifying speculative price bubbles. The object of the study is the phenomenon of speculative price bubbles: the reasons for financial bubbles formation and patterns of their detection. And the subjects of the study are methods of financial bubble emergence, stages of the existence of a financial bubble from inception to collapse, and its consequences for world economies.
The theoretical part of the study is devoted to economic bubbles, examines the signs of price bubble development, identifies the general prerequisites that contribute usually to the formation of a price bubble, analyzes the causes, remedies, and consequences of economic bubbles proposes statistical methods and patterns of price bubbles development in stock markets. The methodological and scientific approaches to the analysis of bubbles, which is proposed in the second chapter of the article, make it possible to analyze the current market state with a certain degree of probability in order to identify the speculative price bubbles. In this regard, the author's model of bubble identification, which is presented in this article can be useful to various groups of investors who want to secure their investments by checking the current stock market state for the presence of a speculative price bubble.
The theoretical part of the study is devoted to economic bubbles, examines the signs of price bubble development, identifies the general prerequisites that contribute usually to the formation of a price bubble, analyzes the causes, remedies, and consequences of economic bubbles proposes statistical methods and patterns of price bubbles development in stock markets. The methodological and scientific approaches to the analysis of bubbles, which is proposed in the second chapter of the article, make it possible to analyze the current market state with a certain degree of probability in order to identify the speculative price bubbles. In this regard, the author's model of bubble identification, which is presented in this article can be useful to various groups of investors who want to secure their investments by checking the current stock market state for the presence of a speculative price bubble.