<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462019000400715</article-id>
<article-id pub-id-type="doi">10.21919/remef.v14i4.374</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Explosion in Virtual Assets (Cryptocurrencies)]]></article-title>
<article-title xml:lang="es"><![CDATA[Explosión en Activos Virtuales (Criptomonedas)]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Cerecedo Hernández]]></surname>
<given-names><![CDATA[Daniel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Franco-Ruiz]]></surname>
<given-names><![CDATA[Carlos Armando]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Contreras-Valdez]]></surname>
<given-names><![CDATA[Mario Iván]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Franco-Ruiz]]></surname>
<given-names><![CDATA[Jovan Axel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Instituto Tecnológico y de Estudios Superiores de Monterrey  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2019</year>
</pub-date>
<volume>14</volume>
<numero>4</numero>
<fpage>715</fpage>
<lpage>727</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462019000400715&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462019000400715&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462019000400715&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The goal of this research is to analyze the presence of financial bubbles or an explosive behavior in four cryptocurrencies: Ethereum, Ripple, Bitcoin Cash, and EOS. The assets&#8217; selection was based on market capitalization. The methodology implemented was a simple and generalized test (SADF and GSADF) of a variation of the augmented Dickey-Fuller test proposed by Phillips et al. (2011, 2015). We found ten, seven, six and seven exuberant behaviors in the aforesaid assets, respectively. This methodology has been largely unexplored and could be employed on a standard basis in the financial sector for any other asset. This is the first research that detects this type of behavior for a group of cryptocurrencies with daily frequency. With the present research and the paper of Li et al. (2018), 68.47% of the market has been analyzed under the methodology. Consequently, this behavior could be dispersed throughout the sector.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo de esta investigación es analizar la presencia de burbujas financieras o un comportamiento explosivo en cuatro criptomonedas: Ethereum, Ripple, Bitcoin Cash y EOS. La selección de los activos se basó en la capitalización de mercado.La metodología implementada fue una prueba simple y generalizada (SADF y GSADF) de una variación de la prueba aumentada de Dickey-Fuller propuesta por Phillips et al. (2011, 2015). Encontramos diez, siete, seis y siete comportamientos exuberantes en los activos mencionados, respectivamente. Esta metodología ha sido en gran parte inexplorada y podría emplearse de manera estándar en el sector financiero para cualquier otro activo. Esta es la primera investigación que detecta este tipo de comportamiento para un grupo de criptomonedas con frecuencia diaria. Con el presente trabajo y el artículo de Li et al. (2018), el 68,47% del mercado ha sido analizado bajo la metodología. En consecuencia, este comportamiento podría estar disperso en todo el sector.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Cryptocurrencies]]></kwd>
<kwd lng="en"><![CDATA[bubbles]]></kwd>
<kwd lng="en"><![CDATA[explosive behavior]]></kwd>
<kwd lng="en"><![CDATA[G01]]></kwd>
<kwd lng="en"><![CDATA[G12]]></kwd>
<kwd lng="en"><![CDATA[C01]]></kwd>
<kwd lng="es"><![CDATA[Criptomonedas]]></kwd>
<kwd lng="es"><![CDATA[burbujas]]></kwd>
<kwd lng="es"><![CDATA[comportamiento explosivo]]></kwd>
<kwd lng="es"><![CDATA[G01]]></kwd>
<kwd lng="es"><![CDATA[G12]]></kwd>
<kwd lng="es"><![CDATA[C01]]></kwd>
</kwd-group>
</article-meta>
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