Financial bubbles and their magic: asset price as a heroic journey in the financial markets

Why do financial crises appear unprecedented in spite of being a rather regular occurrence across countries and time? There are many answers from various schools of finance and economics, including Minsky’s financial instability hypothesis in which systemic stability endogenously results in instabil...

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Bibliographic Details
Main Authors: Alexandru (alec) BĂLĂŞESCU, Apurv Jain
Format: Article
Language:deu
Published: Rosetti Internaţional 2018-11-01
Series:Journal of Philosophical Economics
Subjects:
Online Access: https://www.jpe.ro/pdf.php?id=8074