Bao, Te, Hommes, Cars and Makarewicz, Tomasz (2017) Bubbles and crashes: A vicious cycle of self-fulfilling investor sentiment. LSE Business Review Blog (16 Nov 2017). Website.
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Abstract
When traders expect an asset price to go up, they buy more, raising aggregate demand and driving up prices, write Te Bao, Cars Hommes and Tomasz Makarewicz
Item Type: | Online resource (Website) |
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Official URL: | http://blogs.lse.ac.uk/businessreview/ |
Additional Information: | © 2017 The Author |
Divisions: | LSE |
Subjects: | H Social Sciences > HG Finance |
Date Deposited: | 11 Dec 2017 08:26 |
Last Modified: | 11 Dec 2024 16:08 |
URI: | http://eprints.lse.ac.uk/id/eprint/86083 |
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