Search Results - subject:"Asset Price Bubbles"

Tackling the volatility paradox: spillover persistence and systemic risk

Kubitza, Christian - 2024

Financial losses can have persistent effects on the financial sy stem. This paper proposes an empirical measure for the duration of these effects, S pillover P ersistence. I d ocument that Spillover Persistence is strongly correlated with financial c onditions; d uring b anking crises, Spillover...

Persistent link: https://www.econbiz.de/10015199543

Tackling the volatility paradox : spillover persistence and systemic risk

Kubitza, Christian - 2024

Persistent link: https://www.econbiz.de/10015176897

Managing bubbles in experimental asset markets with monetary policy

Hennequin, Myrna; Hommes, Cars H. - In: Journal of money, credit and banking : JMCB 56 (2024) 2/3, pp. 429-454

Persistent link: https://www.econbiz.de/10014544064

The theory of monetary disorder: Debt finance, existing assets, and the consequences of prolonged monetized budget deficits and ultra-easy monetary policy

Palley, Thomas - 2023

This paper introduces the notion of monetary disorder. The underlying theory rests on a twin circuits view of the macro economy. The idea of monetary disorder has relevance for understanding the experience and consequences of the recent decade-long period of monetized large budget deficits and...

Persistent link: https://www.econbiz.de/10014546844

The theory of monetary disorder : debt finance, existing assets, and the consequences of prolonged ultra-easy policy

Palley, Thomas - In: PSL quarterly review 76 (2023) 307, pp. 315-335

Persistent link: https://www.econbiz.de/10014550868

The theory of monetary disorder : debt finance, existing assets, and the consequences of prolonged monetized budget deficits and ultra-easy monetary policy

Palley, Thomas - 2023

Persistent link: https://www.econbiz.de/10014529497

Can news-based economic sentiment predict bubbles in precious metal markets?

Maghyereh, Aktham I.; Abdoh, Hussein - In: Financial innovation : FIN 8 (2022), pp. 1-29

This study examines the role of market sentiment in predicting the price bubbles of four strategic metal commodities (gold, silver, palladium, and platinum) from January 1985 to August 2020. It is the first to investigate this topic using sentiment indices, including news-based economic and...

Persistent link: https://www.econbiz.de/10013272710

Value-at-risk in the presence of asset price bubbles

Kwong, Raymond; Wong, Helen - In: Journal of Applied Economics 25 (2022) 1, pp. 361-384

only applicable during periods without asset price bubbles. We propose a new dating mechanism that is based on the work of … Phillips (2015) to date-stamp the origination and termination of the asset price bubbles. Our method relaxed the minimum bubble … asset price bubbles. These results prove the criticism that all the VaR models fail during crises as invalid. …

Persistent link: https://www.econbiz.de/10015334271

Value-at-risk in the presence of asset price bubbles

Kwong, Raymond; Wong, Helen - 2022

Persistent link: https://www.econbiz.de/10013176688

Tackling the volatility paradox: Spillover persistence and systemic risk

Kubitza, Christian - 2021

builds up, during the run-up phase of crises and asset price bubbles, and increases when systemic risk materializes …

Persistent link: https://www.econbiz.de/10012603360