Detecting Asset Bubbles in Real Time
In a recent paper entitled, “How to Detect an Asset Bubble” Jarrow, Kchia and Protter state that, “...After the 2007 credit crisis, Financial bubbles have once again emerged as a topic of…
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In a recent paper entitled, “How to Detect an Asset Bubble” Jarrow, Kchia and Protter state that, “...After the 2007 credit crisis, Financial bubbles have once again emerged as a topic of…
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A speculative bubble exists when the price of something does not equal its market fundamentals for some period of time for reasons other than random shocks. [Fundamental] is usually argued to be a long-run equilibrium consistent with a general equilibrium
— J. Barkley RosserMathematician known for Rosser's theorem in mathematical logic and computability theory.
A speculative bubble exists when the price of something does not equal its market fundamentals for some period of time for reasons other than random shocks. [Fundamental] is usually argued to be a long-run equilibrium consistent with a general equilibrium
— J. Barkley RosserMathematician known for Rosser's theorem in mathematical logic and computability theory.