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Asset Price Bubbles: What Are the Causes, Consequences, and Public Policy Options?
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November 2012, No. 304
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Last Updated: 09/26/2012

Asset Price Bubbles: What Are the Causes, Consequences, and Public Policy Options?

Douglas D. Evanoff, George G. Kaufman, Anastasios G. Malliaris

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.

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