Bubbles in Credit and Currency: How Hot Markets Cool Down

by Brendan Brown

Book Overview

Drawing on behavioral finance theory and contemporary experience, this book explores how bubbles form and subsequently burst. The author introduces a new concept of swings in market temperature defined by the extent of heterogeneity of opinion and soft irrationality, and examines the importance of these swings in the credit markets.

• Format: Paperback
• Language: English
• ISBN: 1349362166
• ISBN13: 9781349362165
• Release Date: July 2008
• Publisher: Palgrave MacMillan
• Length: 222 Pages
• Weight: 0.51 lbs.
• Dimensions: 0.5" x 5.0" x 8.0"