The Impossibility Of Rational Bubbles
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The Impossibility of Rational Bubbles
| Author | : |
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| Total Pages | : |
| Release | : 1985 |
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Language: en
Pages:
Pages:
Type: BOOK - Published: 1985 - Publisher:
Language: en
Pages: 19
Pages: 19
Type: BOOK - Published: 1985 - Publisher:
A rational bubble would involve a self-confirming belief that an asset price depends on information that includes variables or parameters that are not part of m
Language: en
Pages: 378
Pages: 378
Type: BOOK - Published: 1982 - Publisher: Free Press
Discuss four crisis-prone areas of the economy-monetary control, bankruplcy, the international economy, and speculative bubbles.
Language: en
Pages: 270
Pages: 270
Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media
3 On the Economic Relevance of Rational Bubbles 79 3. 1 Capital markets . . . . . . . . . 80 3. 1. 1 Efficient capital markets 86 3. 1. 2 Rational bubbles on ca
Language: en
Pages: 44
Pages: 44
Type: BOOK - Published: 1982 - Publisher:
This paper investigates the nature and the presence of bubbles in financial markets. Are bubbles consistent with rationality? If they are, do they, like Ponzi g
