Financial Disclosure and Speculative Bubbles [microform] : an International Comparison

Download Financial Disclosure and Speculative Bubbles [microform] : an International Comparison PDF Online Free

Author :
Publisher : Ann Arbor, Mich. : University Microfilms International
ISBN 13 :
Total Pages : 470 pages
Book Rating : 4.:/5 (51 download)

DOWNLOAD NOW!


Book Synopsis Financial Disclosure and Speculative Bubbles [microform] : an International Comparison by : Jirasakuldech, Benjamas

Download or read book Financial Disclosure and Speculative Bubbles [microform] : an International Comparison written by Jirasakuldech, Benjamas and published by Ann Arbor, Mich. : University Microfilms International. This book was released on 2002 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Speculative Bubbles, Speculative Attacks, and Policy Switching

Download Speculative Bubbles, Speculative Attacks, and Policy Switching PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262061698
Total Pages : 528 pages
Book Rating : 4.0/5 (616 download)

DOWNLOAD NOW!


Book Synopsis Speculative Bubbles, Speculative Attacks, and Policy Switching by : Robert P. Flood

Download or read book Speculative Bubbles, Speculative Attacks, and Policy Switching written by Robert P. Flood and published by MIT Press. This book was released on 1994 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this book are grouped into three sections: the first on price bubbles is primarily financial; the second on speculative attacks (on exchange rate regimes) is international in scope; and the third, on policy switching, is concerned with monetary policy.

Identifying Speculative Bubbles

Download Identifying Speculative Bubbles PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484398270
Total Pages : 49 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Identifying Speculative Bubbles by : Bradley Jones

Download or read book Identifying Speculative Bubbles written by Bradley Jones and published by International Monetary Fund. This book was released on 2014-11-19 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the global financial crisis, the issue of how best to identify speculative asset bubbles (in real-time) remains in flux. This owes to the difficulty of disentangling irrational investor exuberance from the rational response to lower risk based on price behavior alone. In response, I introduce a two-pillar (price and quantity) approach for financial market surveillance. The intuition is straightforward: while asset pricing models comprise a valuable component of the surveillance toolkit, risk taking behavior, and financial vulnerabilities more generally, can also be reflected in subtler, non-price terms. The framework appears to capture stylized facts of asset booms and busts—some of the largest in history have been associated with below average risk premia (captured by the ‘pricing pillar’) and unusually elevated patterns of issuance, trading volumes, fund flows, and survey-based return projections (reflected in the ‘quantities pillar’). Based on a comparison to past boom-bust episodes, the approach is signaling mounting vulnerabilities in risky U.S. credit markets. Policy makers and regulators should be attune to any further deterioration in issuance quality, and where possible, take steps to ensure the post-crisis financial infrastructure is braced to accommodate a re-pricing in credit risk.

Speculation, Trading, and Bubbles

Download Speculation, Trading, and Bubbles PDF Online Free

Author :
Publisher : Columbia University Press
ISBN 13 : 0231537638
Total Pages : 137 pages
Book Rating : 4.2/5 (315 download)

DOWNLOAD NOW!


Book Synopsis Speculation, Trading, and Bubbles by : José A. Scheinkman

Download or read book Speculation, Trading, and Bubbles written by José A. Scheinkman and published by Columbia University Press. This book was released on 2014-07-08 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: As long as there have been financial markets, there have been bubbles—those moments in which asset prices inflate far beyond their intrinsic value, often with ruinous results. Yet economists are slow to agree on the underlying forces behind these events. In this book José A. Scheinkman offers new insight into the mystery of bubbles. Noting some general characteristics of bubbles—such as the rise in trading volume and the coincidence between increases in supply and bubble implosions—Scheinkman offers a model, based on differences in beliefs among investors, that explains these observations. Other top economists also offer their own thoughts on the issue: Sanford J. Grossman and Patrick Bolton expand on Scheinkman's discussion by looking at factors that contribute to bubbles—such as excessive leverage, overconfidence, mania, and panic in speculative markets—and Kenneth J. Arrow and Joseph E. Stiglitz contextualize Scheinkman's findings.

The International Political Economy of Investment Bubbles

Download The International Political Economy of Investment Bubbles PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351146343
Total Pages : 196 pages
Book Rating : 4.3/5 (511 download)

DOWNLOAD NOW!


Book Synopsis The International Political Economy of Investment Bubbles by : Paul Sheeran

Download or read book The International Political Economy of Investment Bubbles written by Paul Sheeran and published by Routledge. This book was released on 2017-11-28 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a historical appraisal of bubble investments, and blending theory with field observations, this insightful work will benefit academics, researchers and professionals observing the nexus of relationships between speculation, states and markets. The book presents an analysis of the development and decline of investment bubbles and helps develop the models that inform the risk assessment of bubble behaviour. By identifying particular trends and consequences, the book presents insight into the operation of speculative activity and its social, economic and political repercussions.

Early Speculative Bubbles & Increases In The Supply of Money

Download Early Speculative Bubbles & Increases In The Supply of Money PDF Online Free

Author :
Publisher : Palmetto Publishing
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (229 download)

DOWNLOAD NOW!


Book Synopsis Early Speculative Bubbles & Increases In The Supply of Money by : Douglas E. French

Download or read book Early Speculative Bubbles & Increases In The Supply of Money written by Douglas E. French and published by Palmetto Publishing. This book was released on 2024-03-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dive into the Untold Story of Historical Bubbles: Discover the Monetary Secrets Behind World's Greatest Economic Mysteries. For the discerning reader with a passion for economic history, Early Speculative Bubbles & Increases In The Supply of Money: 4th Expanded Edition opens the vault to the past's most captivating financial enigmas. Douglas E. French masterfully charts a course through history's turbulent monetary waters, revealing the underlying currents that drove the world's most talked-about economic bubbles. Dive deep into the heart of 17th-century Netherlands, a realm where the simple tulip bulb became the center of an economic whirlwind, the legendary Tulipmania. But was it mere human folly that drove this frenzy? French challenges popular theories, spotlighting the unobserved governmental interventions and money supply explosions that truly fanned the flames. Travel from the illustrious trading floors where the South Sea Bubble and Panic of 1857 were born, to the gilded coasts of California during its monumental gold rush. Each tale unravels a consistent thread: the hidden hand of government meddling and the intoxication of rapid money creation. This 4th edition, building upon French's esteemed Master's thesis and expanded with fresh insights, serves as a bridge connecting past economic phenomena with present-day market dynamics. Readers will be astounded by the striking parallels between yesteryears' bubbles and today's financial headlines, each underscored by similar patterns of low interest rates, easy credit, and sweeping public euphoria. With Early Speculative Bubbles & Increases In The Supply of Money, you're not just reading economic history. You're gaining a lens to view, understand, and anticipate the financial ebbs and flows of tomorrow.

Stock Markets, Speculative Bubbles and Economic Growth

Download Stock Markets, Speculative Bubbles and Economic Growth PDF Online Free

Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Stock Markets, Speculative Bubbles and Economic Growth by : Mathias Binswanger

Download or read book Stock Markets, Speculative Bubbles and Economic Growth written by Mathias Binswanger and published by Edward Elgar Publishing. This book was released on 1999 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the role of speculative bubbles in the stock market, this text argues that, provided they are sustainable, bubbles may have a positive effect on the market. They may provide additional investment opportunities with the potential to increase aggregate profits and improve economic welfare.

Financial Market Bubbles and Crashes

Download Financial Market Bubbles and Crashes PDF Online Free

Author :
Publisher : Springer Nature
ISBN 13 : 3030791823
Total Pages : 619 pages
Book Rating : 4.0/5 (37 download)

DOWNLOAD NOW!


Book Synopsis Financial Market Bubbles and Crashes by : Harold L. Vogel

Download or read book Financial Market Bubbles and Crashes written by Harold L. Vogel and published by Springer Nature. This book was released on 2021-12-17 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists broadly define financial asset price bubbles as episodes in which prices rise with notable rapidity and depart from historically established asset valuation multiples and relationships. Financial economists have for decades attempted to study and interpret bubbles through the prisms of rational expectations, efficient markets, equilibrium, arbitrage, and capital asset pricing models, but they have not made much if any progress toward a consistent and reliable theory that explains how and why bubbles (and crashes) evolve and are defined, measured, and compared. This book develops a new and different approach that is based on the central notion that bubbles and crashes reflect urgent short-side rationing, which means that, as such extreme conditions unfold, considerations of quantities owned or not owned begin to displace considerations of price.

Essays on Speculative Bubbles in Financial Markets

Download Essays on Speculative Bubbles in Financial Markets PDF Online Free

Author :
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659197666
Total Pages : 124 pages
Book Rating : 4.1/5 (976 download)

DOWNLOAD NOW!


Book Synopsis Essays on Speculative Bubbles in Financial Markets by : Oswald Mungule

Download or read book Essays on Speculative Bubbles in Financial Markets written by Oswald Mungule and published by LAP Lambert Academic Publishing. This book was released on 2012-08 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial markets have been experiencing episodes of financial crises since the great depression of 1929. The busting of speculative bubbles is one of the causes of most financial crises. Financial crises cause welfare loses. Therefore, Mungule and Malikane's Essays on Speculative Bubbles in Financial Markets presents a thoroughly up-to-date and pedagogically rich advanced knowledge that fits perfectly into the newest segments of both financial and monetary economics course areas. Beginning with Chapter 1 on formation of speculative bubbles, central banks are encouraged to understand speculative bubbles dynamics, measurement issues and the implications of either responding or no response to the bubbles on macroeconomic variables. This edition provides international application of speculative bubbles, helping make issues of monetary policy implications of responding to asset price bubbles easy for policy makers and postgraduate students to understand.

Growth-Enhancing Bubbles

Download Growth-Enhancing Bubbles PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Growth-Enhancing Bubbles by : Jacques Olivier

Download or read book Growth-Enhancing Bubbles written by Jacques Olivier and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article challenges the conventional wisdom that speculation in financial markets reduces long-run growth. It shows that the real impact of a (rational deterministic) speculative bubble depends on the type of asset that is being speculated on. Speculative bubbles on equity raise the market value of firms, thus encouraging entrepreneurship, firm creation, investment, and growth. On the other hand, speculation on other types of assets is shown to be unambiguously growth-impairing. The model can explain some stylized facts about financial development and growth. Finally, regulatory implications are discussed briefly.

Speculative Bubbles and Financial Crises

Download Speculative Bubbles and Financial Crises PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (65 download)

DOWNLOAD NOW!


Book Synopsis Speculative Bubbles and Financial Crises by : Ashraf Mohamed Abdel Samea Ahmed

Download or read book Speculative Bubbles and Financial Crises written by Ashraf Mohamed Abdel Samea Ahmed and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Macroeconomics in the Wake of the Global Financial Crisis

Download International Macroeconomics in the Wake of the Global Financial Crisis PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3319790757
Total Pages : 300 pages
Book Rating : 4.3/5 (197 download)

DOWNLOAD NOW!


Book Synopsis International Macroeconomics in the Wake of the Global Financial Crisis by : Laurent Ferrara

Download or read book International Macroeconomics in the Wake of the Global Financial Crisis written by Laurent Ferrara and published by Springer. This book was released on 2018-06-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Financial Market Risk of Speculative Bubbles

Download Financial Market Risk of Speculative Bubbles PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (954 download)

DOWNLOAD NOW!


Book Synopsis Financial Market Risk of Speculative Bubbles by : Matthias Leiss

Download or read book Financial Market Risk of Speculative Bubbles written by Matthias Leiss and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financialization and Speculative Bubbles - International Evidence

Download Financialization and Speculative Bubbles - International Evidence PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis Financialization and Speculative Bubbles - International Evidence by : Ehsan Ahmed

Download or read book Financialization and Speculative Bubbles - International Evidence written by Ehsan Ahmed and published by . This book was released on 2017 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries across the globe have undergone financialization of their economies over the recent decades. Concomitantly, asset markets have exhibited high levels of volatility with sharp increases characteristic of speculative bubbles followed by even sharper crashes. This paper attempts to test the possible presence of nonlinear speculative bubbles in 23 international markets using daily data from January 1993-March 2015, and its possible link to the financialization phenomenon. To estimate fundamental values, we estimate VAR models for each market for stock market returns with world interest rates, exchange rates, and world stock indexes as the fundamental variables. Residuals from these VAR national market models are tested for significant movements away from the fundamentals using Hamilton regime switching and Hurst rescaled range tests. After removing ARCH effects from the residuals the remaining series is tested for nonlinearities using BDS statistics. Our results indicate the presence of speculative bubbles in all 23 of these markets with increasing incidence over time, which suggest a linkage with the phenomenon of financialization of the economies over the period.

Testing for Speculative Bubbles in Stock Markets

Download Testing for Speculative Bubbles in Stock Markets PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.:/5 (17 download)

DOWNLOAD NOW!


Book Synopsis Testing for Speculative Bubbles in Stock Markets by : Ulrich-Michael Homm

Download or read book Testing for Speculative Bubbles in Stock Markets written by Ulrich-Michael Homm and published by . This book was released on 2008 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dissertation Abstracts International

Download Dissertation Abstracts International PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 524 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Dissertation Abstracts International by :

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2006 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Management of the Dollar in International Finance

Download The Management of the Dollar in International Finance PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 (97 download)

DOWNLOAD NOW!


Book Synopsis The Management of the Dollar in International Finance by : Robert Z. Aliber

Download or read book The Management of the Dollar in International Finance written by Robert Z. Aliber and published by . This book was released on 1964 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: