Can log-periodic power law structures arise from random fluctuations?

DOI10.1016/J.PHYSA.2014.01.007zbMath1395.82197OpenAlexW2037618395MaRDI QIDQ1782685

Jan Henrik Wosnitza, Jens Leker

Publication date: 20 September 2018

Published in: Physica A (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.physa.2014.01.007

zbMATH Keywords

Fokker-Planck equationMarkov processeconophysicsdiscrete scale-invariancelog-periodic power lawspeculative bubble bursts

Mathematics Subject Classification ID

Stochastic methods (Fokker-Planck, Langevin, etc.) applied to problems in time-dependent statistical mechanics (82C31)

Related Items (3)

Oscillations in the Tsallis income distribution ⋮ Stability and hierarchy of quasi-stationary states: financial markets as an example ⋮ Detection of financial bubbles using a log-periodic power law singularity (LPPLS) model

Uses Software

• PRMLT

Cites Work

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