JOSE ALEXANDRE SCHEINKMAN
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Speculation, Trading, and Bubbles

Speculation, Trading, and Bubbles

As long as there have been financial markets, there have been bubbles -- those moments in which asset prices inflate far beyond their intrinsic value, often with ruinous results. Yet economists are slow to agree on the underlying forces behind these events. In this book Jose A. Scheinkman offers new insight into the mystery of bubbles. Noting some...
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