is presented that helps explain why this is the case for traditional currency crises, but less so for asset bubbles. The …1. Overview: A Framework for Investing During Currency Crises and Asset Bubbles -- 2. Bretton Woods’ Collapse Alters … European Monetary Union -- 7. Japan’s Bubble Culminates in Two Decades of Deflation -- 8. Asia’s Real Estate Boom Spawns Global …

crash (and rally) discrete jump distributions associated with positive (and negative) bubbles. We assume that crashes tend …, which has been previously proposed as a general definition of bubbles. Our bubble model also allows for a sequence of small …

Building on the notion that bubbles are transient self-fulfilling prophecies created by positive feedback mechanisms …