Bubbles: Some perspectives (and loose talk) from history

成果类型:
Article; Proceedings Paper
署名作者:
O'Hara, Maureen
署名单位:
Cornell University
刊物名称:
REVIEW OF FINANCIAL STUDIES
ISSN/ISSBN:
0893-9454
DOI:
10.1093/rfs/hhn001
发表日期:
2008
页码:
11
关键词:
摘要:
Bubbles are a topic of great importance and great controversy. This paper discusses alternative perspectives on the economic meaning and origin of bubbles. Drawing on historical approaches to bubbles, this article sets out a taxonomy of approaches used to explain the nature of bubbles. The paper also considers issues connected with the scientific thinking surrounding bubbles.