New Perspectives on Asset Price Bubbles

preview-18
  • New Perspectives on Asset Price Bubbles Book Detail

  • Author : Douglas D. Evanoff
  • Release Date : 2012-02-08
  • Publisher : Oxford University Press
  • Genre : Business & Economics
  • Pages : 482
  • ISBN 13 : 0199939403
  • File Size : 99,99 MB

New Perspectives on Asset Price Bubbles by Douglas D. Evanoff PDF Summary

Book Description: This volume critically re-examines the profession's understanding of asset bubbles in light of the global financial crisis of 2007-09. It is well known that bubbles have occurred in the past, with the October 1929 crash as the most demonstrative example. However, the remarkably well-behaved performance of the US economy from 1945 to 2006, and, in particular during the Great Moderation period of 1984 to 2006, assured the economics profession and monetary policymakers that asset bubbles could be effectively managed with little or no real economic impact. The recent financial crisis has now triggered a debate about the emergence of a sequence of repeated bubbles in the Nasdaq market, housing market, credit market, and commodity markets. The realities of the crisis have intensified theoretical modeling, empirical methodologies, and debate on policy issues surrounding asset price bubbles and their potentially adverse economic impact if poorly managed. Taking a novel approach, the editors of this book present five classic papers that represent accepted thinking about asset bubbles prior to the financial crisis. They also include original papers challenging orthodox thinking and presenting new insights. A summary essay highlights the lessons learned and experiences gained since the crisis.

Disclaimer: www.yourbookbest.com does not own New Perspectives on Asset Price Bubbles books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

New Perspectives on Asset Price Bubbles

New Perspectives on Asset Price Bubbles

File Size : 51,51 MB
Total View : 4253 Views
DOWNLOAD

This volume critically re-examines the profession's understanding of asset bubbles in light of the global financial crisis of 2007-09. It is well known that bub

New Perspectives on Asset Price Bubbles

New Perspectives on Asset Price Bubbles

File Size : 93,93 MB
Total View : 4046 Views
DOWNLOAD

This volume critically re-examines the profession's understanding of asset bubbles in light of the global financial crisis of 2007-09. It is well known that bub

Asset Price Bubbles

Asset Price Bubbles

File Size : 49,49 MB
Total View : 4361 Views
DOWNLOAD

A study of asset price bubbles and the implications for preventing financial instability.

Law, Bubbles, and Financial Regulation

Law, Bubbles, and Financial Regulation

File Size : 21,21 MB
Total View : 9549 Views
DOWNLOAD

Financial regulation can fail when it is needed the most. The dynamics of asset price bubbles weaken financial regulation just as financial markets begin to ove