Financial market bubbles and crashes /

Vogel, Harold L.

Financial market bubbles and crashes / Harold L. Vogel. - Cambridge : Cambridge University Press, 2010. - xxvi, 358 p.: ill. 25 cm.

Includes bibliographic references and index

Part I. Background for analysis -- 1. Introduction -- 2. Bubble stories -- 3. Random walks -- 4. Bubble theories -- 5. Framework for investigation -- Part II. Empirical features and results -- 6. Bubble basics -- 7. Bubble dynamics -- 8. Money and credit features -- 9. Behavioral risk features -- 10. Crashes, panics, and chaos -- 11. Financial asset bubble theory.

"Despite the thousands of articles and the millions of times that the word `bubble` has been used in the business press, there still does not appear to be a cohesive theory or persuasive empirical approach with which to study `bubble` and `crash` conditions. This book presents a plausible and accessible descriptive theory and empirical approach to the analysis of such financial market conditions. It advances such a


English

978-0-521-19967-4


Financial crises
Capital market
Commercial crimes

338.542 V86f 2010