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Asset Price Bubbles -

Asset Price Bubbles

The Implications for Monetary, Regulatory, and International Policies
Buch | Softcover
607 Seiten
2005
MIT Press (Verlag)
978-0-262-58253-7 (ISBN)
CHF 13,95 inkl. MwSt
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A study of asset price bubbles and the implications for preventing financial instability.
In both the industrialized and developing worlds, a distinctive feature of the last two decades has been prolonged buildups and sharp collapses in asset markets such as stock, housing, and exchange markets. The volatility has sparked intense debate in academic and policy circles over the appropriate monetary and regulatory response to dramatic market shifts. This book examines asset price bubbles to further our understanding of the causes and implications of financial instability, focusing on the potential of central banks and regulatory agencies to prevent it. The book grew out of a conference jointly sponsored by the Federal Reserve Bank of Chicago and the World Bank Group in April 2002.

William Curt Hunter is Dean of the School of Business at the University of Connecticut and former Senior Vice President and Director of Research at the Federal Reserve Bank of Chicago. George G. Kaufman is John F. Smith, Jr. Professor of Economics and Finance at Loyola University in Chicago and a consultant at the Federal Reserve Bank of Chicago. Michael Pomerleano is Lead Financial Specialist in the Financial Sector Development Department of the World Bank Group.

Reihe/Serie The MIT Press
Zusatzinfo 50 illus.; 50 Illustrations
Verlagsort Cambridge, Mass.
Sprache englisch
Maße 152 x 229 mm
Gewicht 816 g
Themenwelt Wirtschaft Volkswirtschaftslehre Mikroökonomie
ISBN-10 0-262-58253-8 / 0262582538
ISBN-13 978-0-262-58253-7 / 9780262582537
Zustand Neuware
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