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In this presentation delivered at the Econometric Society Meetings at Boston University on June 4, 2009, economist David Laibson discusses the intricacies of bubble economics. He explores the psychological, social, and economic factors that contribute to the formation and burst of market bubbles, with a particular focus on the Japanese bubble. This analysis provides valuable insights into asset pricing behaviors and the implications for future economic policies.
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1. Bubble Economics David Laibson
Econometric Society Meetings
Boston University
June 4, 2009
2. The Japanese Bubble