Financial Market Bubbles and Crashes: Features, Causes, and Effects - Image 1

Price loading...

MACMILLAN Financial Market Bubbles and Crashes: Features, Causes, and Effects

Name: Financial Market Bubbles and Crashes: Features, Causes, and Effects
Brand: MACMILLAN

Business & Economic History

Price History & Forecast

No Price Data Available

Price history will appear here once data is collected from Amazon.

Price Distribution

No price data available for histogram

Description

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, 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 are 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.

Product Specifications

Brand: MACMILLAN
Format: hardcover
ASIN: 3030791815
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 18 December 2021
Listed Since: 19 May 2021

Barcode

No barcode data available

MACMILLAN Financial Market Bubbles and Crashes: Features, Causes, and Effects

Price History & Forecast

No Price Data Available

Price Distribution

Description

Product Specifications

Barcode

Similar Products You Might Like

Stock Markets, Speculative Bubbles and Economic Growth: New Dimensions in the Co-evolution of Real and Financial Markets

Asset Price Bubbles

A History of Financial Crises: Dreams and Follies of Expectations (Economics as Social Theory)

A History of Financial Crises: Dreams and Follies of Expectations (Economics as Social Theory)

Asset Pricing under Asymmetric Information: Bubbles, Crashes, Technical Analysis, and Herding

Routledge - New Facets of Economic Complexity in Financial Markets

Identifying Stock Market Bubbles: Modeling Illiquidity Premium and Bid-Ask Prices of Financial Securities (Contributions to Management Science)

Market Tremors: Quantifying Structural Risks in Modern Financial Markets

Modelling and Forecasting High Frequency Financial Data

Modern Financial Macroeconomics: Panics, Crashes, and Crises

Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays

Economics for Financial Markets (Quantitative Finance)

Price and Financial Stability: Rethinking Financial Markets (Banking, Money and International Finance)

Routledge Law, Bubbles, and Financial Regulation Book

Financing the Apocalypse: Drivers for Economic and Political Instability (Palgrave Insights Into Apocalypse Economics)

From The Global Financial Tsunami To The Property Bubbles In Asia: The Need For A New Discipline On Macroeconomic Management

Finance and the Behavioral Prospect: Risk, Exuberance, and Abnormal Markets (Quantitative Perspectives on Behavioral Economics and Finance)

Finance and the Behavioral Prospect: Risk, Exuberance, and Abnormal Markets (Quantitative Perspectives on Behavioral Economics and Finance)

Why the Bubble Burst: US Stock Market Performance since 1982 (New Directions in Modern Economics series)

Financial Development, Economic Crises and Emerging Market Economies (Routledge Critical Studies in Finance and Stability)

FINANCIAL ASSET PRICING THEORY P

Financial Markets Evolution: From the Classical Model to the Ecosystem. Challengers, Risks and New Features (Palgrave Macmillan Studies in Banking and Financial Institutions)

Routledge - Booms, Bubbles and Bust in the US Stock Market

The Financial Crisis: Origins and Implications