Oswald Mungule, Christopher Malikane

Essays on Speculative Bubbles in Financial Markets

Theory, Extraction and Application of Speculative Bubbles in Macroeconomic Models: Evidence from South Africa

• Broschiertes Buch

Produktbeschreibung

Financial markets have been experiencing episodes of financial crises since the great depression of 1929. The busting of speculative bubbles is one of the causes of most financial crises. Financial crises cause welfare loses. Therefore, Mungule and Malikane's Essays on Speculative Bubbles in Financial Markets presents a thoroughly up-to-date and pedagogically rich advanced knowledge that fits perfectly into the newest segments of both financial and monetary economics course areas. Beginning with Chapter 1 on formation of speculative bubbles, central banks are encouraged to understand speculative bubbles dynamics, measurement issues and the implications of either responding or no response to the bubbles on macroeconomic variables. This edition provides international application of speculative bubbles, helping make issues of monetary policy implications of responding to asset price bubbles easy for policy makers and postgraduate students to understand.

Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Aufl.
• Seitenzahl: 124
• Erscheinungstermin: 5. August 2012
• Englisch
• Abmessung: 220mm x 150mm x 8mm
• Gewicht: 203g
• ISBN-13: 9783659197666
• ISBN-10: 3659197661
• Artikelnr.: 36203405

Autorenporträt

Oswald Kombe Mungule,PhD (Econ), MA(Econ), MBA (Fin), BA (Econ): Studied Financial Economics at the University of Witwatersrand, Johannesburg, South Africa. Currently lecturer in Economics and Finance at the Copperbelt University, Kitwe, Zambia. Has worked at Morgan Stanley, Beachwood, Ohio, USA and KeyBank Headquarters, Cleveland, Ohio, USA.