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Book synopsis

Examining the role of speculative bubbles in the stock market, this text argues that, provided they are sustainable, bubbles may have a positive effect on the market. They may provide additional investment opportunities with the potential to increase aggregate profits and improve economic welfare.

Book details

• Full title: Stock Markets, Speculative Bubbles and Economic Growth
• Subtitle: New Dimensions in the Co-evolution of Real and Financial Markets
• Author: Mathias Binswanger
• Language: English
• Binding: Hardback
• Number of pages: 384
• EAN: 9781840640717
• ID: 04848739
• Publisher: Edward Elgar Publishing Ltd
• Weight: 658 g
• Dimensions: 234 × 156 × 1270 mm
• Date of publishing: 28. September 1999

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