Bubbles and crashes: A vicious cycle of self-fulfilling investor sentiment
Bao, T., Hommes, C. & Makarewicz, T.
(2017).
Bubbles and crashes: A vicious cycle of self-fulfilling investor sentiment.
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 |
|---|---|
| Copyright holders | © 2017 The Author |
| Departments | LSE |
| Date Deposited | 11 Dec 2017 |
| URI | https://researchonline.lse.ac.uk/id/eprint/86083 |