Bubbles and crashes: A vicious cycle of self-fulfilling investor sentiment
Bao, Te; Hommes, Cars; and Makarewicz, Tomasz
(2017)
Bubbles and crashes: A vicious cycle of self-fulfilling investor sentiment.
[Online resource]
When traders expect an asset price to go up, they buy more, raising aggregate demand and driving up prices, write Te Bao, Cars Hommes and Tomasz Makarewicz
| Item Type | Online resource |
|---|---|
| Departments | LSE |
| Date Deposited | 11 Dec 2017 08:26 |
| URI | https://researchonline.lse.ac.uk/id/eprint/86083 |
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