Investigating Stock Market Crashes Using Cusp Model: A Study on Tehran Stock Exchange
Stock market crashes are important, both for investors and academics. Since Catastrophe Theory is a strong tool for explaining nonlinear phenomena, in this paper we apply Catastrophe theory and fit stochastic Cusp Catastrophe model to Tehran Stock Exchange (TSE) data. With the help of annual growth...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2012-09-01
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| Series: | Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī |
| Subjects: | |
| Online Access: | https://joer.atu.ac.ir/article_946_93ff5d9628070900c6e5dc5ed76eab3f.pdf |