English

Note on log-periodic description of 2008 financial crash

Statistical Finance 2015-05-18 v2 Physics and Society

Abstract

We analyze the financial crash in 2008 for different financial markets from the point of view of log-periodic function model. In particular, we consider Dow Jones index, DAX index and Hang Seng index. We shortly discuss the possible relation of the theory of critical phenomena in physics to financial markets.

Keywords

Cite

@article{arxiv.1005.2044,
  title  = {Note on log-periodic description of 2008 financial crash},
  author = {Katarzyna Bolonek-Lason and Piotr Kosinski},
  journal= {arXiv preprint arXiv:1005.2044},
  year   = {2015}
}

Comments

13 pages, 7 figures; references and few comments added;