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020 _a9780199844340 (electronic book)
020 _a9780199844401 (pbk. : alk. paper)
020 _z9780199844333 (cloth : alk. paper)
040 _aN$T
_beng
_erda
_cN$T
_dEBLCP
_dCDX
_dMERUC
_dTR-AnTOB
041 0 _aeng
050 4 _aHG4636
_b.N49 2012
072 7 _aBUS
_x044000
_2bisacsh
090 _aHG4636
_b.N49 2012EBK
245 0 0 _aNew perspectives on asset price bubbles :
_btheory, evidence and policy /
_cedited by Douglas D. Evanoff, George G. Kaufman, A.G. Malliaris.
264 1 _aNew York :
_bOxford University Press,
_c2012.
264 4 _c©2012
300 _a1 online resource (xviii, 462)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bn
_2rdamedia
338 _aonline resource
_bnc
_2rdacarrier
504 _aIncludes bibliographical references and index.
505 0 _aPART I: Introduction ; Chapter 1. New Perspectives on Asset Price Bubbles: An Overview; PART II: Bubbles: Theory and Evidence; Chapter 2. Churning Bubbles; Chapter 3. Rethinking Theoretical Models of Bubbles: Reflections Inspired by theFinancial Crisis and Allen and Gorton's Paper "Churning Bubbles"; PART III: Consequences of Bubbles Bursting ; Chapter 4. The Japanese Banking Crisis: Where Did It Come From and How Will It End?
520 _aThis 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 trigg.
650 0 _aBusiness
_92282
650 0 _aStocks
_xPrices
_936015
650 0 _aSecurities
_xPrices.
650 0 _aCapital market
_93694
650 0 _aFinancial crises
_922503
650 0 _aMonetary policy
_913685
700 1 _aEvanoff, Douglas Darrell,
_d1951-
_eeditor
_9127347
700 1 _aKaufman, George G.
_eeditor
_9127348
700 1 _aMalliaris, A. G.
_eeditor
_9127349
856 4 0 _zOnline access link to the resource
_uhttps://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=422195
942 _2lcc
_cEBK