Rational panics and stock market crashes

Article Abstract:

Stock market crashes occur even when the fundamentals are strong. The magnitude of the crash depends on the proportion of the uninformed investors and the amount of unsophisticated passive investment in the market.

Models, Influence, Stock market crashes

---

The cost of business cycles under endogenous growth

Article Abstract:

The relation between growth rate of consumption and welfare and the influence of business cycle fluctuations on these factors is analyzed.

Analysis, Consumption (Economics), Social service, Business cycles, Social welfare

---

Would rational voters acquire costly information?

Article Abstract:

Information acquisition by voters and economic aspects associated with this are discussed.

Usage, Evaluation, Economic aspects, Suffrage, Voting rights, Voting, Information management, Information accessibility

Similar abstracts:

• Abstracts: Inflation, real interest rates, and the bond market: a study of UK nominal and index-linked government prices
• Abstracts: Pollution taxation and revenue recycling under monopoly unions. International market integration and union wage bargaining
• Abstracts: Artificial intelligence in economics: truth and dare. Challenges of China's economic system for economic theory
• Abstracts: Relationship lending: a survey of the literature. The relevance of currency risk in the EMU
• Abstracts: What sustains social norms and how they evolve?: the case of tipping . Licensing the market for technology

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.