Flutuações nos preços dos ativos: uma comparação entre as bolhas especulativas racionais e a contribuição keynesiana

Marcelo Curado ()

Revista Economia e Sociedade, 2006, vol. 26, 21

Abstract: Asset price fluctuations: comparing rational speculative bubbles and the keynesian approach The principal aim of this paper is to analyze the limits of the conventional approach to speculative rational bubbles as an explanation for price fluctuations in financial assets. It is argued that the empirical evidence suggests that Keynesian approaches are more useful for understanding these fluctuations than the rational bubbles literature.

Keywords: Asset price fluctuations; Rational speculative bubbles; Financial instability. (search for similar items in EconPapers)
JEL-codes: E44 G12 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.eco.unicamp.br/docdownload/publicacoes/ ... 4_Marcelo_Curado.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:euc:ancoec:v:26:y:2006:p:57-77

Access Statistics for this article

More articles in Revista Economia e Sociedade from Instituto de Economia, Universidade Estadual de Campinas (UNICAMP) Contact information at EDIRC.
Bibliographic data for series maintained by Antonio Carlos Macedo e Silva ().