Bubbles, booms, and busts: the rise and fall of financial assets
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Buch |
Sprache: | English |
Veröffentlicht: |
New York [u.a.]
Springer
2015
|
Ausgabe: | 2. ed. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | XXVIII, 351 S. graph. Darst. |
ISBN: | 9781493910915 |
Internformat
MARC
LEADER | 00000nam a2200000zc 4500 | ||
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001 | BV042514325 | ||
003 | DE-604 | ||
005 | 20150505 | ||
007 | t | ||
008 | 150421s2015 d||| |||| 00||| eng d | ||
020 | |a 9781493910915 |c Gb. : ca. EUR 29.91 (freier Pr.), ca. sfr 46.50 (freier Pr.) |9 978-1-4939-1091-5 | ||
028 | 5 | 2 | |a 12530830 |
035 | |a (OCoLC)909785950 | ||
035 | |a (DE-599)BVBBV042514325 | ||
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084 | |a QN 100 |0 (DE-625)141801: |2 rvk | ||
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100 | 1 | |a Rapp, Donald |d 1934- |e Verfasser |0 (DE-588)135633494 |4 aut | |
245 | 1 | 0 | |a Bubbles, booms, and busts |b the rise and fall of financial assets |c Donald Rapp |
250 | |a 2. ed. | ||
264 | 1 | |a New York [u.a.] |b Springer |c 2015 | |
300 | |a XXVIII, 351 S. |b graph. Darst. | ||
336 | |b txt |2 rdacontent | ||
337 | |b n |2 rdamedia | ||
338 | |b nc |2 rdacarrier | ||
648 | 7 | |a Geschichte 1636-2007 |2 gnd |9 rswk-swf | |
650 | 7 | |a Bubbles |2 stw | |
650 | 7 | |a Börsenkrise |2 stw | |
650 | 7 | |a Börsenkurs |2 stw | |
650 | 7 | |a Finanzmarkt |2 stw | |
650 | 7 | |a USA |2 stw | |
650 | 4 | |a Geschichte | |
650 | 4 | |a Business cycles |x History | |
650 | 4 | |a Financial crises |x History | |
650 | 0 | 7 | |a Konjunkturzyklus |0 (DE-588)4032134-4 |2 gnd |9 rswk-swf |
650 | 0 | 7 | |a Finanzkrise |0 (DE-588)7635855-0 |2 gnd |9 rswk-swf |
689 | 0 | 0 | |a Konjunkturzyklus |0 (DE-588)4032134-4 |D s |
689 | 0 | 1 | |a Finanzkrise |0 (DE-588)7635855-0 |D s |
689 | 0 | 2 | |a Geschichte 1636-2007 |A z |
689 | 0 | |C b |5 DE-604 | |
776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-1-4939-1092-2 |
856 | 4 | 2 | |m Digitalisierung UB Regensburg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027948797&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
999 | |a oai:aleph.bib-bvb.de:BVB01-027948797 |
Datensatz im Suchindex
_version_ | 1804153261309034496 |
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adam_text | Contents
Preface
...........................................................
v
Introduction
—
The Holland Tulip Mania of
1636-7 ....................... xi
Abbreviations
...................................................... xix
List of Figures
...................................................... xxiii
List of Tables
....................................................... xxvii
The Nature of Manias, Bubbles, and Crashes
........................
1
1.1
Introduction
............................................... 1
1.2
Value Trading versus Momentum Trading
....................... 5
1.3
The rise of manias and bubbles
............................... 11
1.4
Stages in the Boom-Bubble-Bust Sequence
..................... 18
1.5
Fueling the Boom: Role of the Media
.......................... 20
1.6
Bubbles, Wealth, and Inflation
................................ 21
1.6.1
Do Bubbles Produce Wealth?
........................... 21
1.6.2
Bubbles and Inflation
.................................. 35
1.7
Speculations, Bootstraps, and Swindles
......................... 40
1.8
The Rationality of Investors, Bankers, and Experts?
............... 42
1.8.1
The Rationality of Investors
............................ 42
1.8.2
The Rationality of Bankers and Experts?
.................. 44
1.9
Monetary Policy and the Federal Reserve System
................ 57
1.10
Fiscal Policy and Taxes
....................................... 73
1.10.1
Tax Policies
.......................................... 73
1.10.2
Income Tax Brackets and Budget Deficits
................. 84
1.10.3
Capital Gains
........................................ 89
1.10.4
SS
and Medicare
...................................... 90
1.11
Inequality
................................................ 94
1.11.1
Why Inequality Persists and Expands
..................... 94
1.11.2
Inequality of Wealth and Income in the USA
.............. 98
1.11.3
Global Inequality
..................................... 105
1.12
Debt
..................................................... 107
1.12.1
US Federal Debt
...................................... 107
xvi
Bubbles, Booms, and Busts
1.12.2
State and Municipal Debt
..............................
117
1.12.3
Household and Mortgage Debt
.........................
117
1.12.4
Bankruptcies
........................................
125
1.13
Deposit Insurance
..........................................
1.14
Regulation, Deregulation, and No Regulation
...................
1.14.1
Introduction
.........................................
132
1.14.2
Example of the Airlines
................................
13^
1.15
Pension Plans
..............................................
137
1.15.1
Corporate Pensions
...................................
137
1.16
The Valuation of Common Stocks
.............................
145
1.17
Internal Feedback and Endogenous Risk
........................
152
1.18
When the Bubble Pops
......................................
154
References
.................................................... 1
A Short History of Booms, Bubbles, and Busts
.......................
159
2.1
The New World
............................................
160
2.1.1
South Seas Bubble
....................................
160
2.1.2
John Law s Mississippi Company
.........................
1^2
2.2
Florida Land Boom of the
1920s ..............................
164
2.2.1
The Rise
............................................
164
2.2.2
The Fall
.............................................
165
2.2.3
Underlying Causes
....................................
166
2.3
The Stock Market and the Economy of the
1920s.................
167
2.3.1
The Real Economic Boom of the
1920s....................
167
2.3.2
The Stock Market of the
1920s..........................
174
2.3.3
The Crash of
1929.....................................
177
2.4
The Great Depression of the
1930s............................
180
2.5
The Savings and Loan Scandal of the
1980s......................
2.5.1
The Original Problem
.................................
2.5.2
Deregulation and No Regulation
........................
2.5.3
How Mr. Reagan Made a Bad Problem Worse
..............
2.5.4
The False Spring of
1983............................... 201
2.5.5
The Go-Go Period
.................................. 203
2.5.6
Fraud and Misconduct
................................. 205
2.5.7
The Aftermath
....................................... 213
2.6
The Bull Market of
1982-1995................................ 215
2.7
The Crash of
1987.......................................... 222
2.8
The Dot.Com Mania
......................................... 228
2.8.1
Boom and Euphoria
.................................. 228
2.8.2
Greenspan and the Role of the Federal Reserve
............ 230
2.8.3
Bursting of the Bubble
................................. 236
2.8.4
Merrill-Lynch is Bullish on America
...................... 239
Contents xvii
2.9
The Debt-Driven Asset Bubble Era of
1982-2013................. 241
2.10
Other Bubbles and Swindles of the late
1990s
and 2000s
.......... 242
2.10.1
Adełphia
........................................... 243
2.10.2
Rogue Traders at Banks
................................ 244
2.10.3
Orange County
....................................... 248
2.10.4
Bernie
Madoff....................................... 248
2.10.5
Enron
.............................................. 250
2.10.6
Long-Term Capital Management
........................ 256
2.10.7
Albania s
Ponzi
Schemes
............................... 265
2.10.8
Corporate and Accounting
Scandais
..................... 267
2.11
The
Subprime
Real Estate Boom
1998-2007..................... 280
2.11.1
Historical Background
................................. 280
2.11.2
House Prices During the Boom
.......................... 281
2.11.3
Contributing Factors Toward the Boom
................... 286
2.11.4
The Punctured Bubble
................................ 312
2.11.5
Government Response to the Punctured Bubble
........... 321
2.11.6
International Mortgage Debt
........................... 324
2.12
The Real Estate Boom of
2013-2014........................... 326
2.13
Japan and East Asia
........................................ 329
2.13.1
Japan
1970-2007..................................... 329
2.13.2
East Asia
............................................ 335
2.14
The Next Bubble
........................................... 338
References
.................................................... 342
Index
............................................................. 347
|
any_adam_object | 1 |
author | Rapp, Donald 1934- |
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callnumber-first | H - Social Science |
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callnumber-subject | HB - Economic Theory and Demography |
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ctrlnum | (OCoLC)909785950 (DE-599)BVBBV042514325 |
dewey-full | 338.5/42 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.5/42 |
dewey-search | 338.5/42 |
dewey-sort | 3338.5 242 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
edition | 2. ed. |
era | Geschichte 1636-2007 gnd |
era_facet | Geschichte 1636-2007 |
format | Book |
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id | DE-604.BV042514325 |
illustrated | Illustrated |
indexdate | 2024-07-10T01:23:48Z |
institution | BVB |
isbn | 9781493910915 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-027948797 |
oclc_num | 909785950 |
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owner_facet | DE-355 DE-BY-UBR |
physical | XXVIII, 351 S. graph. Darst. |
publishDate | 2015 |
publishDateSearch | 2015 |
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publisher | Springer |
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spelling | Rapp, Donald 1934- Verfasser (DE-588)135633494 aut Bubbles, booms, and busts the rise and fall of financial assets Donald Rapp 2. ed. New York [u.a.] Springer 2015 XXVIII, 351 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Geschichte 1636-2007 gnd rswk-swf Bubbles stw Börsenkrise stw Börsenkurs stw Finanzmarkt stw USA stw Geschichte Business cycles History Financial crises History Konjunkturzyklus (DE-588)4032134-4 gnd rswk-swf Finanzkrise (DE-588)7635855-0 gnd rswk-swf Konjunkturzyklus (DE-588)4032134-4 s Finanzkrise (DE-588)7635855-0 s Geschichte 1636-2007 z b DE-604 Erscheint auch als Online-Ausgabe 978-1-4939-1092-2 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027948797&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Rapp, Donald 1934- Bubbles, booms, and busts the rise and fall of financial assets Bubbles stw Börsenkrise stw Börsenkurs stw Finanzmarkt stw USA stw Geschichte Business cycles History Financial crises History Konjunkturzyklus (DE-588)4032134-4 gnd Finanzkrise (DE-588)7635855-0 gnd |
subject_GND | (DE-588)4032134-4 (DE-588)7635855-0 |
title | Bubbles, booms, and busts the rise and fall of financial assets |
title_auth | Bubbles, booms, and busts the rise and fall of financial assets |
title_exact_search | Bubbles, booms, and busts the rise and fall of financial assets |
title_full | Bubbles, booms, and busts the rise and fall of financial assets Donald Rapp |
title_fullStr | Bubbles, booms, and busts the rise and fall of financial assets Donald Rapp |
title_full_unstemmed | Bubbles, booms, and busts the rise and fall of financial assets Donald Rapp |
title_short | Bubbles, booms, and busts |
title_sort | bubbles booms and busts the rise and fall of financial assets |
title_sub | the rise and fall of financial assets |
topic | Bubbles stw Börsenkrise stw Börsenkurs stw Finanzmarkt stw USA stw Geschichte Business cycles History Financial crises History Konjunkturzyklus (DE-588)4032134-4 gnd Finanzkrise (DE-588)7635855-0 gnd |
topic_facet | Bubbles Börsenkrise Börsenkurs Finanzmarkt USA Geschichte Business cycles History Financial crises History Konjunkturzyklus Finanzkrise |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027948797&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT rappdonald bubblesboomsandbuststheriseandfalloffinancialassets |