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intrinsic bubbles: the case of stock prices

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cob.jmu.educob.jmu.edu/rosserjb/ARE THERE NONLINEAR SPECULATIVE... · Web viewARE THERE NONLINEAR SPECULATIVE BUBBLES IN COMMODITIES PRICES? Ehsan Ahmed James Madison University J

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Bubbles, Asset Prices, and Financial Frictions · (collateral constraints) depend on asset prices. If the latter are a⁄ected by bubbles, then there may be an important connection

Financial Bubbles, Real Estate bubbles, Derivative Bubbles, and