Slow boom, sudden crash

DOI10.1016/j.jet.2003.12.008zbMath1116.91041OpenAlexW2158547777MaRDI QIDQ2577525

Laura L. Veldkamp

Publication date: 22 December 2005

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2003.12.008

zbMATH Keywords

asymmetryinformation dynamicsskewnesscrashes

Mathematics Subject Classification ID

Related Items (18)

Asymmetries in risk premia, macroeconomic uncertainty and business cycles ⋮ Endogenous information acquisition and countercyclical uncertainty ⋮ The tradeoff between risk sharing and information production in financial markets ⋮ Learning and firm dynamics in a stochastic equilibrium ⋮ The uncertainty multiplier and business cycles ⋮ Learnability of an equilibrium with private information ⋮ Endogenous lemons markets and information cycles ⋮ Financial crisis and slow recovery with Bayesian learning agents ⋮ Information, coordination, and market frictions: an introduction ⋮ Information acquisition and learning from prices over the business cycle ⋮ Herding through booms and busts ⋮ Trend and fractality assessment of Mexico's stock exchange ⋮ Amplification and asymmetry in crashes and frenzies ⋮ Learning, confidence, and option prices ⋮ Optimal monetary policy in a regime-switching economy: The response to abrupt shifts in exchange rate dynamics ⋮ Information aggregation and investment cycles with strategic complementarity ⋮ Information disclosure and asymmetric speed of learning in booms and busts ⋮ Cycles of credit expansion and misallocation: the good, the bad and the ugly

Cites Work

• TESTING FOR GAUSSIANITY AND LINEARITY OF A STATIONARY TIME SERIES
• A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle
• Informational Cycles
• Information Revelation and Strategic Delay in a Model of Investment
• Growth cycles and market crashes
• Unnamed Item

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