Leverage bubbles
"What risks do asset price bubbles pose for the economy? This paper studies bubbles in housing and equity markets in 17 countries over the past 140 years. History shows that not all bubbles are alike. Some have enormous costs for the economy, while others blow over. We demonstrate that what mak...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Cambridge, MA
2015
NBER |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19100579124919287519-Leverage-bubbles.htm |
