Bubbles in Credit and Currency : How Hot Markets Cool Down
by
B. Brown
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
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Quality
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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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