Showing 1 - 4 of 4
We investigate how stochastic asset price dynamics with herding and financial constraints explains the presence of a <italic>period of financial distress</italic> (PFD) following the peak and preceding the crash of a bubble [Charles P. Kindleberger, <italic>Manias, Panics, and Crashes: A History of Financial Crisis</italic>, 4th...
Persistent link: https://www.econbiz.de/10008837754
Persistent link: https://www.econbiz.de/10005264860
Persistent link: https://www.econbiz.de/10005624928
Persistent link: https://www.econbiz.de/10005120196