New perspectives on asset price bubbles :: theory, evidence and policy /

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 per...

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Bibliographische Detailangaben
Weitere Verfasser: Evanoff, Douglas Darrell, 1951-, Kaufman, George G., Malliaris, A. G.
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: New York : Oxford University Press, 2012.
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Zusammenfassung: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 trigg.
Beschreibung:1 online resource
Bibliographie:Includes bibliographical references and index.
ISBN:9780199844340
0199844348
9780190258504
0190258500

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