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Description for Rational Bubbles
Paperback. This work formally evaluates the theory of rational bubbles. A general procedure for deriving rational bubbles is provided in the first part of the book. After presenting the most important applications, various approaches of testing for rational bubbles is summarized. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 275 pages, biography. BIC Classification: KCA; PBWL. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 234 x 156 x 14. Weight in Grams: 880.
3 On the Economic Relevance of Rational Bubbles 79 3. 1 Capital markets . . . . . . . . . 80 3. 1. 1 Efficient capital markets 86 3. 1. 2 Rational bubbles on capital markets. 93 3. 1. 3 Economic caveats . 103 3. 2 Foreign exchange markets 109 3. 3 Hyperinflation. . . . . . . 117 4 On Testing for Rational Bubbles 123 4. 1 Indirect tests . . . . . . . . . 123 4. 1. 1 Variance bounds tests 124 4. 1. 2 Specification tests . . . 137 4. ... Read more
3 On the Economic Relevance of Rational Bubbles 79 3. 1 Capital markets . . . . . . . . . 80 3. 1. 1 Efficient capital markets 86 3. 1. 2 Rational bubbles on capital markets. 93 3. 1. 3 Economic caveats . 103 3. 2 Foreign exchange markets 109 3. 3 Hyperinflation. . . . . . . 117 4 On Testing for Rational Bubbles 123 4. 1 Indirect tests . . . . . . . . . 123 4. 1. 1 Variance bounds tests 124 4. 1. 2 Specification tests . . . 137 4. ... Read more
Product Details
Format
Paperback
Publication date
1997
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
275
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
265
Place of Publication
Berlin, Germany
ISBN
9783540626299
SKU
V9783540626299
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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