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Bubbles in Credit and Currency: How Hot Markets Cool Down

Bubbles in Credit and Currency: How Hot Markets Cool Down

by B. Brown (Author)

  • New

    Hardcover 2008

    $60.60
Synopsis

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.

$60.60

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Quantity

20+ in stock

More Information

Format: Hardcover
 Pages: 229
 Edition: 2008
 Publisher: Palgrave Macmillan
Published: 24 Jul 2008
ISBN 10: 0230551327
ISBN 13: 9780230551329

Media Reviews

Recommended by Fortune Magazine

'A remarkable book that anticipated the global financial crisis in the second half of 2008.' - Long Range Planning

Author Bio
Brendan Brown is an international economist practising in the city of London. He has authored many previous books on international financial topics, including Japanese and European monetary issues both actual and historical. His postgraduate degrees are from the University of Chicago and London School of Economics. He is a regular contributor to the Japanese financial media.