Table 2.
Date stamping of crises and bubbles in WTI and gold prices
| WTI | Gold | ||||
|---|---|---|---|---|---|
| Exuberance date | Collapse date | Duration | Exuberance date | Collapse date | Duration |
| 04/08/2011 | 04/08/2011 | 1 | 04/04/2011 | 04/05/2011 | 2 |
| 06/21/2012 | 06/25/2012 | 5 | 04/07/2011 | 04/26/2011 | 20 |
| 06/28/2012 | 06/28/2012 | 1 | 04/28/2011 | 05/09/2011 | 12 |
| 10/14/2014 | 10/14/2014 | 1 | 05/11/2011 | 05/12/2011 | 2 |
| 11/25/2014 | 03/25/2015 | 121 | 01/04/2013 | 01/10/2013 | 7 |
| 03/27/2015 | 03/31/2015 | 5 | 03/20/2013 | 03/28/2013 | 9 |
| 04/02/2015 | 04/02/2015 | 1 | 04/02/2013 | 04/03/2013 | 2 |
| 08/21/2015 | 08/26/2015 | 6 | 08/18/2014 | 8/18/2014 | 1 |
| 01/12/2016 | 01/13/2016 | 2 | 10/12/2016 | 10/12/2016 | 1 |
| 01/15/2016 | 01/21/2016 | 7 | 10/24/2016 | 11/27/2016 | 35 |
| 02/09/2016 | 02/11/2016 | 3 | 07/18/2018 | 07/20/2018 | 3 |
| 01/10/2018 | 01/18/2018 | 9 | 02/04/2019 | 02/04/2019 | 1 |
| 01/23/2018 | 01/28/2018 | 6 | 06/11/2019 | 06/12/2019 | 2 |
| 02/01/2018 | 02/01/2018 | 1 | 07/10/2019 | 07/10/2019 | 1 |
| 06/27/2018 | 06/27/2018 | 1 | 07/25/2019 | 08/29/2019 | 36 |
| 12/18/2018 | 12/18/2018 | 1 | 09/04/2019 | 09/04/2019 | 1 |
| 12/27/2018 | 12/27/2018 | 1 | 09/13/2019 | 09/17/2019 | 5 |
| 03/06/2020 | 04/01/2020 | 27 | 02/20/2020 | 02/27/2020 | 8 |
| 04/14/2020 | 04/29/2020 | 16 | 03/04/2020 | 03/11/2020 | 8 |
| 04/15/2020 | 04/15/2020 | 1 | |||
| 04/17/2020 | 04/17/2020 | 1 | |||
| 04/24/2020 | 04/24/2020 | 1 | |||
Notes: following to PWY (2011), we only consider explosive bubbles if the duration of explosive behavior more than 11 days (log(T)). T is egal to 2598 is the number of observations for daily WTI and gold prices from January 4, 2010, to May 4, 2020