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• W2154452900 abstract "Why do asset price bubbles continue to appear in various markets? What types of events give rise to bubbles and why do arbitrage forces fail to quickly burst them? Do bubbles have real economic consequences and should policy makers do more to prevent them? This paper provides an overview of recent literature on bubbles, with significant attention given to behavioral models and rational models with frictions. The latest U.S. housing bubble is described in the context of this literature." @default.
• W2154452900 created "2016-06-24" @default.
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• W2154452900 date "2011-01-01" @default.
• W2154452900 modified "2023-09-28" @default.
• W2154452900 title "Asset Price Bubbles: A Survey" @default.
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• W2154452900 doi "https://doi.org/10.2139/ssrn.1793420" @default.
• W2154452900 hasPublicationYear "2011" @default.
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