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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Scherbina, Anna
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/045
Rochtain ar líne:Full text available on IMF