Bubbles in Credit and Currency: How Hot Markets Cool Down
Drawing on behavioral finance theory and contemporary experience, this bookexplores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.
1100656157
Bubbles in Credit and Currency: How Hot Markets Cool Down
Drawing on behavioral finance theory and contemporary experience, this bookexplores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.
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Bubbles in Credit and Currency: How Hot Markets Cool Down
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Bubbles in Credit and Currency: How Hot Markets Cool Down
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Product Details
| ISBN-13: | 9780230551329 |
|---|---|
| Publisher: | Palgrave Macmillan UK |
| Publication date: | 09/15/2008 |
| Edition description: | 2008 |
| Pages: | 222 |
| Product dimensions: | 5.70(w) x 8.60(h) x 0.80(d) |
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