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2012 rok - 2012 rok

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221,00 zł - 222,00 zł

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30 dni - 30 dni

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New Perspectives on Asset...

New Perspectives on Asset Price Bubbles

Autor: Douglas Evanoff
Data wydania: 2012
This volume critically re-examines the profession's understanding of asset bubbles in light of the global financial crisis of 2007-09. It is well known that bubbles have occurred in the past, with the October 1929 crash as the most demonstrative example. However, the remarkably well-behaved performance of the US economy from 1945 to 2006, and, in particular during the Great Moderation period of 1984 to 2006, assured the economics profession and monetary policymakers that asset bubbles could be effectively managed with little or no real economic impact. The recent financial crisis has now triggered a debate about the emergence of a sequence of repeated bubbles in the Nasdaq market, housing market, credit market, and commodity markets. The realities of the crisis have
221,30 zł