Results 281 to 290 of about 210,711 (319)
Japan's Bubble, America's Bubble and China's Bubble [PDF]
This paper compares the three recent episodes of boom and bust cycles in asset prices: Japan in the late 1980s to the 1990s; the U.S. since the mid 1990s; and China during the last decade. Although we have not yet seen a collapse of Chinese property prices, the increases so far are comparable to those in the other two episodes and seem to warrant a ...
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Credit bubbles and land bubbles [PDF]
In modern macroeconomic models it is difficult to obtain explosive price bubbles on assets with positive net supply. This paper shows that it is possible to obtain explosive bubbles in certain situations when assets such as land are used as collateral and lenders are willing to lend freely against it.
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Detection of large-scale X-ray bubbles in the Milky Way halo
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