Bubbles in Credit and Currency: How Hot Markets Cool Down
Description
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.
Keywords
CAPITAL MARKETCREDIT_MANAGEMENT
2008Book
Author(s)Brendan Brown
PublisherPalgrave Macmillan
ISBN9780230551329
LanguageEnglish
