回首頁 到查詢結果 [ subject:"Foreign exchange." ]

Currency market bubbles[electronic r...
Brown, Brendan, (1951-)

 

  • Currency market bubbles[electronic resource] :are carry-traders irrationally exuberant /
  • 紀錄類型: 書目-語言資料,印刷品 : Monograph/item
    杜威分類號: 332.45
    書名/作者: Currency market bubbles : are carry-traders irrationally exuberant // Brendan Brown.
    作者: Brown, Brendan,
    出版者: Basingstoke : : Palgrave Macmillan,, 2008.
    面頁冊數: 1 online resource
    標題: Foreign exchange.
    標題: Currency crises.
    ISBN: 9780230227682
    ISBN: 0230227686
    內容註: Markets Hot and Cold -- Is Speculation a Positive Sum Game? -- Bubbles in Financial Genius --What's New about the Carry Trade? -- How to Reduce Toxic Waste? -- --.
    摘要、提要註: b1 sThe Age of Turbulence b2 s has been characterized by a series of bubbles and subsequent crashes in credit and asset markets around theglobe. This experience has sorely tested the conventional concepts of efficiency and rational expectations widely used in financial market analysis. In this book, a new analytical framework is developed, based onthe path-breaking concept of temperature swings in the market-place. Arise or fall of temperature away from the usual temperature zone is defined by an increase in the prevalence of soft irrationality and a decrease in homogeneity of expectations. The author argues persuasively that both macro-economic policy-makers and portfolio investors have often failed to perceive the extent of temperature rise in credit markets andthe knock-on impact on many related asset markets - including real estate, private equity, currencies, and ultimately human talent. This is demonstrated across a range of historical and contemporary market experience, including the global credit bubbles of the late 1920s and late 2000s.
    電子資源: access to fulltext (Palgrave)
Export
取書館別
 
 
變更密碼
登入