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Aplikace teorie katastrof typu CUSP na akciove trhy USA
Baruník, Jozef ; Vošvrda, Miloslav
The CUSP catastrophe model explains the crash of stock exchanges much better than alternative linear and logistic models. On the data U.S. staock markets we demonstrate that the crash of October 19, 1987 may be better explained by cusp catastropohe theory, which is not true for the crash of Sept.11, 2001

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