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Bubbles and crashes: A vicious cycle of self-fulfilling investor sentiment

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)
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: 15 Sep 2023 21:14
URI: http://eprints.lse.ac.uk/id/eprint/86083

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