Financial Market Bubbles and Crashes pdf epub mobi txt 電子書 下載 2024
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发表于2024-11-07
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齣版社: Cambridge University P...
ISBN:9780521199674
商品編碼:1105239450
包裝:精裝
外文名稱:Financial Market Bubbl...
齣版時間:2009-12-14
頁數:358
正文語種:英語
Financial Market Bubbles and Crashes epub 下載 mobi 下載 pdf 下載 txt 電子書 下載 2024
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Financial Market Bubbles and Crashes epub 下載 mobi 下載 pdf 下載 txt 電子書 下載 2024
Financial Market Bubbles and Crashes pdf epub mobi txt 電子書 下載 2024
具體描述
圖書基本信息
Financial Market Bubbles and Crashes
作者: Harold L. Vogel;
ISBN13: 9780521199674
類型: 精裝(精裝書)
語種: 英語(English)
齣版日期: 2009-12-14
齣版社: Cambridge University Press
頁數: 358
重量(剋): 675
尺寸: 23.4696 x 16.1544 x 2.7432 cm
商品簡介
One would think that economists would by now have already developed a solid grip on how financial bubbles form and how to measure and compare them. This is not the case. Despite the thousands of articles in the professional literature and the millions of times that the word "bubble" has been used in the business press, there still does not appear to be a cohesive theory or persuasive empirical approach with which to study "bubble" and "crash" conditions. This book presents what is meant to be a plausible and accessible descriptive theory and empirical approach to the analysis of such financial market conditions. It advances such a framework through application of standard econometric methods to its central idea, which is that financial bubbles reflect urgent short side rationed demand. From this basic idea, an elasticity of variance concept is developed. The notion that easy credit provides fuel for bubbles is supported. It is further shown that a behavioral risk premium can probably be measured and related to the standard equity risk premium models in a way that is consistent with conventional theory.
Financial Market Bubbles and Crashes 下載 mobi epub pdf txt 電子書
Financial Market Bubbles and Crashes pdf epub mobi txt 電子書 下載
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Financial Market Bubbles and Crashes pdf epub mobi txt 電子書 下載