Identifying Speculative Bubbles: A Two-Pillar Surveillance Framework

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, I introduce a two-pillar (price and quantity)... READ MORE...

Publication date: November 2014
ISBN 9781498332071
$18.00

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