Managing Credit Bubbles

Managing Credit Bubbles
We study a dynamic economy where credit is limited by insufficient collateral and, as a result, investment and output are too low. In this environment, changes in investor sentiment or market expectations can give rise to credit bubbles, that is, expansions in credit that are backed not by expectations of future profits (i.e.fundamental... READ MORE...

Publication date: June 2014
ISBN 9781498307666
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: June 2014

PDF

Publication date: June 2014

ePub

Publication date: June 2014

Mobi

Publication date: June 2014

English