Asset Bubbles

In distilling a vast literature spanning the rational- irrational divide, this paper offers reflections on why asset bubbles continue to threaten economic stability despite financial markets becoming more informationally-efficient, more complete, and more heavily influenced by sophisticated (i.e. pr...

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Bibliographic Details
Main Author: Jones, Bradley
Format: Book
Language:English
Published: Washington : International Monetary Fund, 2015
Series:IMF Working Papers
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Stanford University

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Call Number: ISIL:US-CST