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Table 6 Bubble origination and collapse dates in precious metal prices, BSADF test

From: Can news-based economic sentiment predict bubbles in precious metal markets?

 

Gold

Silver

Palladium

Platinum

Start

End

Start

End

Start

End

Start

End

1

1997: M11

1998: M02

2004: M03

2004: M04

1994: M10

1995: M03

1990: M12

1992: M04

2

2003: M11

2003: M12

2006: M03

2006: M05

1998: M03

2001: M04

1995: M04

1995: M05

3

2004: M03

2004: M04

2006: M11

2006: M12

2008: M02

2008: M04

1995: M06

1995: M07

4

2006: M01

2006: M07

2008: M01

2008: M07

2011: M07

2011: M08

2000: M06

2000: M07

5

2006: M11

2006: M12

2010: M10

2011: M08

2019: M02

2020: M08

2000: M12

2001: M01

6

2007: M09

2008: M07

2011: M10

2011: M11

  

2004: M01

2004: M03

7

2008: M09

2008: M10

    

2004: M08

2004: M09

8

2009: M10

2012: M04

    

2005: M09

2008: M08

9

2012: M09

2013: M01

    

2015: M02

2016: M03

10

2020: M02

2020: M08

      

BSADF critical values

90%

1.719248

 

0.8885958

 

-0.07549508

 

0.17888688

 

95%

2.390631

 

1.2735069

 

0.54208558

 

0.63439393

 

99%

3.050253

 

1.6195983

 

1.87499433

 

1.67793629

 
  1. This table reports bubble origination and termination dates identified with 95% critical values obtained by the Wald bootstrap procedure of Phillips and Shi (2020). The 95% bootstrapped critical values are obtained from 999 bootstrap replications