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Bubbles in credit and currency - Brendan Brown
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Title
Bubbles in credit and currency - how hot markets cool down
Bubbles in credit and currency - how hot markets cool down
Author
Brendan Brown
Brendan Brown
format
Hardback
Hardback
Publisher
Palgrave Macmillan
Palgrave Macmillan
Language
English
English
UK Publication Date
20080724
20080724
Description
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.
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