Can I read Understanding Economic Bubbles and Policies on EtoBox?

Understanding Economic Bubbles and Policies by Driss El Hadaoui is a document available to read on EtoBox.

What is Understanding Economic Bubbles and Policies about?

The document discusses economic bubbles. It notes that a bubble is characterized by a fast increase in asset prices followed by a shrinking. Bubbles are difficult to identify beforehand but easy to see after the fact. Bubbles occur due to market inefficiency where the financial market cannot determine optimal asset prices and prices become wrongly determined. The role of the government is to exercise good monetary policy and regulatory policy to help address bubbles.

Author

Driss El Hadaoui

Language

EN