Browsing by Author "Hu, Yang"
Now showing items 1-5 of 5
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Exuberance in British share prices during the railway mania of the 1840s: Evidence from the Phillips, Shi and Yu Test
(Waikato Management School, the University of Waikato, 2017-04)In this study, we empirically investigate evidence of explosive behaviour in the British share prices of canals, railways and waterworks in the nineteenth century using the right-tailed unit root test of Phillips, Shi and ... -
Exuberance in historical stock prices during the Mississippi and South Seas bubble episodes
(Waikato Management School, the University of Waikato, 2017)The Mississippi Bubble and the South Sea Bubble are the two most famous and earliest episodes in the history of speculation, which can be dated back to the eighteenth century. Unlike most studies focus on some recent ... -
The influence of the COVID-19 pandemic on the hedging functionality of Chinese financial markets
(Elsevier, 2022)In this paper, we investigate both constant and time-varying hedge ratios in terms of the effectiveness of CSI300 index futures during the COVID-19 crisis. Using naïve, OLS and EC/ROLS strategies to estimate constant hedge ... -
Supercapacitor assisted power converter for DC microgrid applications with self-contained DC-UPS capability
(University of Waikato, 2017)Nowadays, due to the advantages inherent in using renewable energy, renewable power generation is becoming established worldwide. Direct current (DC) microgrid systems, which have been proposed as alternatives for traditional ... -
Testing for bubbles in time series data using long historical series
(The University of Waikato, 2019)The concept of asset price bubble has drawn a large amount of academic attention. A bubble is commonly defined as where the asset price is not justified by expectations of the fundamentals. The empirical characteristics ...
