Essays on Speculative Bubbles in Financial Markets: Theory, Extraction and Application of Speculative Bubbles in Macroeconomic M,Used

Essays on Speculative Bubbles in Financial Markets: Theory, Extraction and Application of Speculative Bubbles in Macroeconomic M,Used

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Brand: LAP Lambert Academic Publishing
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Financial markets have been experiencing episodes of financial crises since the great depression of 1929. The busting of speculative bubbles is one of the causes of most financial crises. Financial crises cause welfare loses. Therefore, Mungule and Malikanes Essays on Speculative Bubbles in Financial Markets presents a thoroughly uptodate and pedagogically rich advanced knowledge that fits perfectly into the newest segments of both financial and monetary economics course areas. Beginning with Chapter 1 on formation of speculative bubbles, central banks are encouraged to understand speculative bubbles dynamics, measurement issues and the implications of either responding or no response to the bubbles on macroeconomic variables. This edition provides international application of speculative bubbles, helping make issues of monetary policy implications of responding to asset price bubbles easy for policy makers and postgraduate students to understand.

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