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Rational bubbles - PowerPoint PPT Presentation


Natural Forecasting, Asset Pricing, and Macroeconomic Dynamics

Natural Forecasting, Asset Pricing, and Macroeconomic Dynamics

Natural Forecasting, Asset Pricing, and Macroeconomic Dynamics. Andreas Fuster David Laibson Brock Mendel Harvard University May 2010. Financial crises. Key ingredients ( Kindleberger 1978) Improving fundamentals Rising asset prices

★ ★ ★ ★ ★

719 views • 59 slides



Natural Forecasting,  Asset Pricing, and Macroeconomic Dynamics

Natural Forecasting, Asset Pricing, and Macroeconomic Dynamics

Natural Forecasting, Asset Pricing, and Macroeconomic Dynamics. Andreas Fuster David Laibson Brock Mendel Harvard University May 2010. Financial crises. Key ingredients ( Kindleberger 1978) Improving fundamentals Rising asset prices

★ ★ ★ ★ ★

608 views • 59 slides


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