9780792390299 - The Stock Market: Bubbles, Volatility, and Chaos: Bubbles, Volatility, and Chaos : Proceedings of the Thirteenth Annual Economic Policy Conference of the Federal Re... (3 Ergebnisse)

Zustand: New. In.

Zustand: New. Proceedings of the Thirteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis Editor(s): Dwyer, Gerald P.; Hafer, R. W. Num Pages: 201 pages, biography. BIC Classification: KFF. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 235 x 155 x 14. Weight in Grams: 488. . 1989. Hardback. . . . . Books ship from the US and Ireland.

Buch. Zustand: Neu. Druck auf Anfrage Neuware - Printed after ordering - Gerald P. Dwyer, Jr. and R. W. Hafer The articles and commentaries included in this volume were presented at the Federal Reserve Bank of St. Louis' thirteenth annual economic policy conference, held on October 21-22, 1988. The conference focused on the behavior of asset market prices, a topic of increasing interest to both the popular press and to academic journals as the bull market of the 1980s continued. The events that transpired during October, 1987, both in the United States and abroad, provide an informative setting to test alter native theories. In assembling the papers presented during this conference, we asked the authors to explore the issue of asset pricing and financial market behavior from several vantages. Was the crash evidence of the bursting of a speculative bubble Do we know enough about the work ings of asset markets to hazard an intelligent guess why they dropped so dramatically in such a brief time Do we know enough to propose regulatory changes that will prevent any such occurrence in the future, or do we want to even if we can We think that the articles and commentaries contained in this volume provide significant insight to inform and to answer such questions. The article by Behzad Diba surveys existing theoretical and empirical research on rational bubbles in asset prices.