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Asset Price Bubbles and Public Policy

In: Public Policy & Financial Economics Essays in Honor of Professor George G Kaufman for His Lifelong Contributions to the Profession

Author

Listed:
  • Douglas D. Evanoff
  • A. G. Malliaris

Abstract

The following sections are included:IntroductionHistorical Examples and Definitions of Asset Price BubblesQuestions Related to Asset Bubbles — What Drives them?Financial StabilityManaging Asset Bubbles: The Role for Monetary Policy?Asset Bubbles: Public Policy ReformConclusionsReferences

Suggested Citation

  • Douglas D. Evanoff & A. G. Malliaris, 2018. "Asset Price Bubbles and Public Policy," World Scientific Book Chapters, in: Douglas D Evanoff & A G Malliaris & George Kaufman (ed.), Public Policy & Financial Economics Essays in Honor of Professor George G Kaufman for His Lifelong Contributions to the Profession, chapter 12, pages 197-246, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813229556_0012
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    Citations

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    Cited by:

    1. Anastasios Evgenidis & Anastasios G. Malliaris, 2020. "To Lean Or Not To Lean Against An Asset Price Bubble? Empirical Evidence," Economic Inquiry, Western Economic Association International, vol. 58(4), pages 1958-1976, October.
    2. Anastasios G. Malliaris, 2018. "The Evolving Nature of Asset Price Bubbles, Financial Instability and Monetary Policy," Multinational Finance Journal, Multinational Finance Journal, vol. 22(1-2), pages 35-62, March - J.
    3. Lleo, Sebastien & Zhitlukhin, Mikhail & Ziemba, William, 2021. "Using a mean changing stochastic processes exit-entry model for stock market long-short prediction," LSE Research Online Documents on Economics 118875, London School of Economics and Political Science, LSE Library.

    More about this item

    Keywords

    Financial Markets; Financial Policy; Resolution; Financial Economics; Regulation; Asset Bubbles; Market Structure and Liquidity; Central Banking; Financial Regulation;
    All these keywords.

    JEL classification:

    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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