Asset Price Bubbles : A Selective Survey /
Why do asset price bubbles continue to appear in various markets? This paper provides an overview of recent literature on bubbles, with significant attention given to behavioral models and rational models with frictions. Unlike the standard rational models, the new literature is able to model the co...
| Autor principal: | |
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| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2013/045 |
| Acceso en línea: | Full text available on IMF |