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 …

asset pricing in line with rational bubbles. We show that the response of the excessive stock price component to a monetary … policy shock is ambiguous in both the short- and long-run, and depends on the nature of the mispricing. Subsequently, we … contractionary monetary policy shock in fact lowers stock prices beyond what is implied by the response of their underlying …

negative shock. In theory, companies may be helped or hurt in this scenario. To examine the topic empirically, I estimate the …