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The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. To do...
Persistent link: https://www.econbiz.de/10013520716
Asset bubbles and contagion have had a profound effect on the financial markets after the financial and sovereign debt …
Persistent link: https://www.econbiz.de/10012397881
is presented that helps explain why this is the case for traditional currency crises, but less so for asset bubbles. The …1. Overview: A Framework for Investing During Currency Crises and Asset Bubbles -- 2. Bretton Woods’ Collapse Alters …
Persistent link: https://www.econbiz.de/10012397123
Building upon Feltham and Ohlson models, this book examines positive loss-earnings within the context of the dot.com bubble during the boom years of the late 1990s bull market. The strong demand for equity financing captured the imagination of investors from Europe and U.S. like never before....
Persistent link: https://www.econbiz.de/10012397332
This book introduces readers to a new approach to identifying stock market bubbles by using the illiquidity premium, a … parameter derived by employing conic finance theory. Further, it shows how to develop the closed form formulas of the bid and … behavior. A brief history of financial bubbles and an outlook on future developments serve to round out the coverage …
Persistent link: https://www.econbiz.de/10012397431
The Nature of Manias, Bubbles and Crashes: Introduction -- Value Trading vs. Momentum Trading -- The Rise of Manias and … Bubbles -- Stages in the Boom-Bubble-Bust Sequence -- Fueling the Boom - Role of the Media -- Bubbles, Wealth and Inflation … -- A Short History of Booms, Bubbles, and Busts: The New World -- Florida Land Boom of the 1920s -- The Stock Market and …
Persistent link: https://www.econbiz.de/10014017594
The current financial crisis started from the US real estate market and after, though the increase of risk premium requested by investors and due to the lack of liquidity of all financial markets, it became a world financial crisis. A detailed analysis during the crisis focuses attention on...
Persistent link: https://www.econbiz.de/10012106369
guidelines. In this volume, Min Ding offers an alternative to SD, introducing a framework, which he calls the Bubble Theory …) have profound implications for both the theory and application of new practices in business and policymaking. …
Persistent link: https://www.econbiz.de/10014016851
Preface -- 1 Standard Theory of Real Estate Market Value: Concepts and Problems -- 2 Aristotle to Marshall: The … Evolution of Economic Value Theory -- 3 Traditional Valuation Methods -- 4 Automated Valuation Models -- 5 Real Estate Markets … and Neoclassical Economic Theory - A Heterodox Critique -- 6 An Alternative Theory of Market Value: Ontological Foundation …
Persistent link: https://www.econbiz.de/10014019291
Liquidity is a core resource and its management is a core activity of banks. Nevertheless, liquidity management has not received much attention during the last decades, as liquidity has not been perceived as scarce. This perception has clearly changed during the ?nancial crisis 2007/2009. Facing...
Persistent link: https://www.econbiz.de/10013522715