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Bubbles in Credit and Currency
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Bubbles in Credit and Currency : How Hot Markets Cool Down

Book Details

Format Hardback or Cased Book
ISBN-10 0230551327
ISBN-13 9780230551329
Publisher Palgrave Macmillan
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Jul 24th, 2008
Print length 222 Pages
Weight 394 grams
Dimensions 22.20 x 13.90 x 1.80 cms
Ksh 8,100.00
Werezi Extended Catalogue 0 in stock

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Drawing on behavioral finance theory and contemporary experience, this book explores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.
Globalization is a "buzzword" for the twentyfirst century, but this volume argues that it is not possible to understand the current global economy without understanding the multinational.

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