Examining the role of speculative bubbles in the stock market, this text argues that, provided they are sustainable, bubbles may have a positive effect on the market. They may provide additional investment opportunities with the potential to increase aggregate profits and improve economic welfare.
Author: Mathias Binswanger
Edition: 1 Ed
Binding: Hardcover
EAN: 9781840640717
Condition: New
Manufacturer: Edward Elgar Pub
Number of items: 1
Number of pages: 384
Product group: Book
Studio: Edward Elgar Pub
Publication Date: 1999-11
Publisher: Edward Elgar Pub
Pages: 384
ISBN: 1840640715