The scientific study of complex systems has transformed a wide range of disciplines in
recent years, enabling researchers in both the natural and social sciences to model and …

The main purpose of the study is:(i) to examine the long-and short-term dynamic linkages
among international and Asian emerging stock markets and then (ii) try to quantify the extent …

This paper develops and simulates a model to examine whether land speculation is
primarily a cause of, or a symptom of, property cycles. The model suggests that the volatility …

This article investigates how dynamic linkages among the daily rates of return of eight
national stock indexes have evolved since 1972. A dynamic simultaneous equations model …

This paper investigates the dynamic causal linkages amongst nine major international stock
price indexes. In order to gauge the causal transmission patterns we employ very recent …

This study investigates how and why different pairs of national equity markets display
differing degrees of co-movement over time. We interpret a greater degree of co-movement …

Conclusions The October 1987 stock market crash spawned an abundance of research
papers, as scholars attempted to explain what seemed at the time, and to some extent …

Untitled Page 1 Page 2 HOW CREDIT-MONEY SHAPES THE ECONOMY Page 3 COLUMBIA
UNIVERSITY SEMINAR SERIES The University Seminars at Columbia University welcomes …

A new testable implication is derived from the rational speculative bubbles model stating that
the presence of bubbles implies positive duration dependence in runs of high returns …

Stock market crises in the developed markets differ in important ways from the crises in
emerging stock markets. Our study of nine crises in the 1970–97 period indicates that …