Bubbles in Credit and Currency How Hot Markets Cool Down

by B. Brown

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Description

Drawing on behavioral finance theory and contemporary experience, this book explores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.

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Classifications

Genres
Nonfiction, Economics, Business
DDC/MDS
332.4Society, government, & cultureEconomicsBanking & MoneyMoney
LCC
HG6015 .B745Social sciencesFinanceFinanceInvestment, capital formation, speculationSpeculation
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Languages
English
Media
Paper, Ebook
ISBNs
3