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Asset price bubbles: What are the causes, consequences, and public policy options?

Douglas Evanoff, George G. Kaufman and Anastasios Malliaris

Chicago Fed Letter, 2012, issue Nov, No 304

Abstract: This article discusses how the global financial crisis has forced researchers and policymakers to reconsider their understanding of both the economics of asset price bubbles and alternative policy options to address them.

Date: 2012
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