The Asset Price Bubble
Found 5 free book(s)
Manias, Panics, and Crashes - Grasping Reality by Brad DeLong
delong.typepad.comthe asset price bubble in Japan led to the massive failure of a large num-ber of banks and other types of financial firms and more than a decade of sluggish economic growth. The implosion of the asset price bubble in Thailand triggered the contagion effect and led to sharp declines in
Real Estate Finance Key Terms
d1u7daj727sadp.cloudfront.netEconomic Bubble - forms when the value of something (typically real estate or stocks) grows so much that its ... a good or service at a certain price Supply - an amount of a commodity that is available ... any particular asset (Example: credit card) Chapter 2 Premiums - - ...
The Efficient Market Hypothesis and its Critics
www.princeton.eduelements of stock-price determination and by econometricians who argue that stock ... asset values, etc., to help investors select ... the 1999-early 2000 internet bubble. Markets can be efficient even if many market participants are quite irrational. Markets can be …
The I Theory of Money - Princeton University
scholar.princeton.eduampli ed by spirals on both sides of intermediaries’ balance sheets. On the asset side, in-termediaries are exposed to productivity shocks of their end-borrowers. End-borrowers’ re sales depress the price of physical capital and liquidity spirals further erode intermediaries’ net worth (as shown in Brunnermeier and Sannikov (2014)).
ECONOMIC CONSEQUENCES of WAR on the U.S. ECONOMY
www.economicsandpeace.orgbeginning and corresponded with the bursting of the high tech asset bubble which led to the 2001-2002 recession. This was also the first time in U.S. history where taxes were cut during a war which then resulted in both wars completely financed by deficit spending. A loose monetary policy was also implemented while