Stock Markets, Speculative Bubbles and Economic Growth
Author | : Mathias Binswanger |
Publisher | : Edward Elgar Publishing |
Total Pages | : 392 |
Release | : 1999 |
ISBN-13 | : STANFORD:36105024920774 |
ISBN-10 | : |
Rating | : 4/5 ( Downloads) |
Book Synopsis Stock Markets, Speculative Bubbles and Economic Growth by : Mathias Binswanger
Download or read book Stock Markets, Speculative Bubbles and Economic Growth written by Mathias Binswanger and published by Edward Elgar Publishing. This book was released on 1999 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the role of speculative bubbles in the stock market, this text argues that, provided they are sustainable, bubbles may have a positive effect on the market. They may provide additional investment opportunities with the potential to increase aggregate profits and improve economic welfare.