forecasts -- to the ex post and ex ante prediction of stock price bubbles. For a panel of six OECD economies covering 24 years … signalling of stock price booms and bubbles. …

This paper analyzes the impact of asset price bubbles on a firm's standard risk measures, including value-at-risk (VaR …) and conditional value-at-risk (CVaR). Comparing a bubble and non-bubble economy, it is shown that asset price bubbles … the standard risk measures is due to the increased right skew in a firm value's distribution due to bubble expansion. The …

forecasts - to the ex post and ex ante prediction of stock price bubbles. For a panel of six OECD economies covering 24 years … signalling of stock price booms and bubbles …

bubbles. We consider a setting where participants sorted according to their degree of risk aversion trade in experimental … asset markets. We show that risk sorting is able to explain bubbles partially: Markets with the most risk-tolerant traders … exhibit larger bubbles than markets with the most risk averse traders. In our study risk aversion does not correlate with …

We explore the impact of economic policy uncertainty exposure (hereafter, EPU exposure) on stock price bubbles. We fnd … that there exists a signifcantly positive relationship between EPU exposure and stock price bubbles. This result is still … signifcant after a series of robustness checks. Moreover, the relationship between EPU exposure and bubbles is due to retail …