Speculative Bubbles Speculative Attacks And Policy Switching
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The jargon of economics and finance contains numerous colorful terms for market-asset prices at odds with any reasonable economic explanation. Examples include
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The presence of speculative bubbles in capital markets (an important area of interest in financial history) is widely accepted across many circles. Talk of them
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Economists broadly define financial asset price bubbles as episodes in which prices rise with notable rapidity and depart from historically established asset va
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The Housing Bubble was hardly the first in human history. What's eluded historians is the same issue that eludes commentators today: the underlying cause of bub