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A Contribution to the Theory of Financial Fragility and Crisis

Bhaduri, Amit - 2010

The paper examines three aspects of a financial crisis of domestic origin. The first section studies the evolution of a debt-financed consumption boom supported by rising asset prices, leading to a credit crunch and fluctuations in the real economy, and, ultimately, to debt deflation. The next...

Persistent link: https://www.econbiz.de/10013143561

Double-Question Survey Measures for the Analysis of Financial Bubbles and Crashes

Pesaran, M. Hashem - 2017

This paper proposes a new double-question survey method that elicits information about how individuals subjective belief valuations are compared and related to their price expectations. An individual respondent is presented with two sets of questions, one that asks about his/her belief regarding...

Persistent link: https://www.econbiz.de/10012963776

Non-Value-Added Tax to improve market fairness and quality

Veryzhenko, Iryna; Jonath, Arthur; Harb, Etienne - In: Financial innovation : FIN 8 (2022), pp. 1-30

extreme market events, such as bubbles and crashes. …

Persistent link: https://www.econbiz.de/10013169713

On Booms That Never Bust : Ambiguity in Experimental Asset Markets with Bubbles

Corgnet, Brice - 2018

We study the effect of ambiguity on the formation of bubbles and on the occurrence of crashes in experimental asset … is risky although bubbles form in both the ambiguous and the risky environments. Additionally, bubbles do not crash in …

Persistent link: https://www.econbiz.de/10012909268

Double-Question Survey Measures for the Analysis of Financial Bubbles and Crashes

Pesaran, M. Hashem - 2016

This paper proposes a new double-question survey method that elicits information about how individuals' subjective belief valuations are compared and related to their price expectations. An individual respondent is presented with two sets of questions, one that asks about his/her belief...

Persistent link: https://www.econbiz.de/10012978031

Short-squeeze Bubbles

Guimaraes, Bernardo; Pannella, Pierluca - 2021

This paper argues that short selling might give rise to bubbles that would otherwise not exist in equilibrium. It is …

Persistent link: https://www.econbiz.de/10013238298

A Collection on the Versatility and Predictive Power of Survey Expectations Data

Guzman, Giselle - 2014

investor education, understanding asset bubbles, policy makers, financial services marketing, investment management, portfolio …

Persistent link: https://www.econbiz.de/10013055949

Monetary policy and mispricing in stock markets

Beckers, Benjamin; Bernoth, Kerstin - 2016

asset pricing in line with rational bubbles. We show that the response of the excessive stock price component to a monetary …

Persistent link: https://www.econbiz.de/10011526074

Follow the money : the monetary roots of bubbles and crashes

Corsi, Fulvio; Sornette, Didier - 2011

provide an early warning identification of bubbles. Estimating the FTS-GARCH on well-known historical bubble episodes suggest … the possibility to diagnose in real-time the presence of bubbles in financial time series. Minskian dynamics ; financial … bubbles ; positive feedback ; financial accelerator ; generalized FTS-GARCH …

Persistent link: https://www.econbiz.de/10009561751

The Oil Price Crash in 2014/15 : Was There a (Negative) Financial Bubble?

Fantazzini, Dean - 2016

consists of tests for financial bubbles, while the second set consists of the log-periodic power law (LPPL) model for negative … financial bubbles. Despite the methodological differences between these detection methods, they provided the same outcome: the …

Persistent link: https://www.econbiz.de/10012988565