00000nam##2200000za#4500 9.613365 CaOODSP 20211126112847 ta 150406|1996||||xxc||||| f|0| 0 eng|d 0-662-25160-1 1192-5434 CaOODSP eng n-cn--- FB3-2/96-13E Bank of Canada. Speculative behaviour, regime-switching and stock market crashes / by Simon van Norden and Huntley Schaller. Ottawa - Ontario : Bank of Canada 1996. 47p. : references, tables ; 28 cm. Working paper 1192-5434 96-13 "This paper uses regime-switching econometrics to study stock market crashes and to explore the ability of two very different economic explanations to account for historical crashes. The first explanation is based on historical accounts of "manias" and "panics".... The second explanation is based on switches in fundamentals."--Abstract. N.B.: Incorrect ISBN (0-662-25160-1) printed in this publication. This paper uses regime-switching econometrics to study stock market crashes and to explore the ability of two very different economic explanations to account for historical crashes. The first explanation is based on historical accounts of manias and panics.... The second explanation is based on switches in fundamentals.--Abstract Résumés en français Softcover 96-43 1996-10-25 Schaller, Huntley Lalonde, René Speculative behaviour, regime-switching and stock market crashes / (CaOODSP)9.571644 Working paper, 1192-5434 96-13 (CaOODSP)9.514622