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Speculation, Trading, and Bubbles (Kenneth J. Arrow Lecture Series)

José A. Scheinkman




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 | #1072465 in eBooks |  2014-07-08 |  2014-07-08 | File type: PDF

||0 of 1 people found the following review helpful.| The Best Current Introduction|By E. Ray Canterbery|The best current introduction to the subject of speculation and bubbles.

E. Ray Canterbery| |There is much discussion about the impact of bubbles in financial markets and the policy challenges they create. This discourse is too often premised on informal and impressionistic notions of what constitutes a bubble. José A. Scheinkman's monograph pu

The history of financial markets is full of moments in which asset prices inflate far beyond their intrinsic value. These events are commonly called bubbles, and in this book, José A. Scheinkman and other top economists offer new explanations for this phenomenon.

Scheinkman discusses some stylized facts concerning bubbles, such as high trading volume and the coincidence between bubbles' implosion and increases in supply, and he develops a model for b...

You can specify the type of files you want, for your device.Speculation, Trading, and Bubbles (Kenneth J. Arrow Lecture Series)   |  José A. Scheinkman.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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