Identifying Speculative Bubbles : A Two-Pillar Surveillance Framework /

In the aftermath of the global financial crisis, the issue of how best to identify speculative asset bubbles (in real-time) remains in flux. This owes to the difficulty of disentangling irrational investor exuberance from the rational response to lower risk based on price behavior alone. In response...

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Bibliografiska uppgifter
Huvudupphovsman: Jones, Bradley
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2014.
Serie:IMF Working Papers; Working Paper ; No. 2014/208
Länkar:Full text available on IMF