Financial Market Bubbles and Crashes Features, Causes, and Effects 2nd Edition by Harold L. Vogel – Ebook PDF Instant Download/DeliveryISBN: 3319715283, 9783319715285
Full download Financial Market Bubbles and Crashes Features, Causes, and Effects 2nd Edition after payment.
Product details:
ISBN-10 : 3319715283
ISBN-13 : 9783319715285
Author: Harold L. Vogel
Economists broadly define financial asset price bubbles as episodes in which prices rise with notable rapidity and depart from historically established asset valuation multiples and relationships. Financial economists have for decades attempted to study and interpret bubbles through the prisms of rational expectations, efficient markets, and equilibrium, arbitrage, and capital asset pricing models, but they have not made much if any progress toward a consistent and reliable theory that explains how and why bubbles (and crashes) evolve and can also be defined, measured, and compared. This book develops a new and different approach that is based on the central notion that bubbles and crashes reflect urgent short-side rationing, which means that, as such extreme conditions unfold, considerations of quantities owned or not owned begin to displace considerations of price.
Financial Market Bubbles and Crashes Features, Causes, and Effects 2nd Table of contents:
Part I. Background
1. Introduction
2. Bubble Stories
3. Crash Stories
4. Money and Credit Features
Part II
5. Random Walks
6. Rationality Rules
7. Behavioral Beats
Part III
8. Bubble Dynamics
9. Behavioral Risk Features
10. Estimating and Forecasting
Part IV
11. Financial Asset Bubble Theory
People also search for Financial Market Bubbles and Crashes Features, Causes, and Effects 2nd:
is the financial market going to crash
what causes a financial bubble
financial bubbles in history
financial bubble burst
stock market bubbles and crashes
Tags:
Financial,Market Bubbles,Crashes Features,Causes,Effects,Harold Vogel