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• Diamond investments – Is the market free from multiple price bubbles?

  Publikacja

  • M. Potrykus

  - International Review of Financial Analysis - Rok 2022

  The following study aims to investigate whether multiple price bubbles, in which the quoted market price of diamonds significantly deviates from their fundamental value, exist in the diamond market. It was conducted using ADF, SADF and GSADF tests, with the latter found to be an optimal form of evaluating the analysed issue. The presented results support the conclusion that the diamond market is not free from periods defined as...

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