搜索结果: 1-4 共查到“应用经济学 bubbles”相关记录4条 . 查询时间(0.055 秒)
Endogenous Formation and Collapse Of Housing Bubbles
Endogenous Formation Collapse Of Housing Bubbles
2014/8/8
This paper develops an analytical framework and an agent-based spatial model of the housing market. We show that lenient nancing, in particular, low down payment requirement has caused business cycle...
Super-exponential bubbles in lab experiments: evidence for anchoring over-optimistic expectations on price
rational expectations nancial bubbles speculation anchoring laboratory experiments behavioral model super-exponential growth
2012/6/2
We analyze a controlled price formation experiment in the laboratory that shows evidence for bubbles. We calibrate two models that demonstrate with high statistical significance that these laboratory ...
In this paper, we apply the theory of rational expectation bubbles to the Chinese house market. Rational expectation bubbles imply that negative returns on house prices are, theoretically, less likely...
Risk assessment for uncertain cash flows: Model ambiguity, discounting ambiguity, and the role of bubbles
Risk assessment uncertain cash flows Model ambiguity
2010/10/18
We study the risk assessment of uncertain cash flows in terms of dynamic convex risk measures for processes as introduced in Cheridito, Delbaen, and Kupper (2006). These risk measures take into accou...