Analysis of information sources in references of the Wikipedia article "Gelembung ekonomi" in Indonesian language version.
...over-leveraged banks found themselves exposed to falling asset prices with very little capital...
… There is very little agreement about housing bubbles.
increases in dispersion cause increases in new equity issuance
The main idea behind the creation of economic bubbles is a weak financial policy and excessive monetary liquidity in the financial system
...as behavioral uncertainty decreases.
… There is very little agreement about housing bubbles.
If bubbles are indeed caused by bounded rationality...we would expect that average asset prices will be farther from intrinsic values ex ante and move closer to intrinsic values ex post
The conventional view is that such a bubble is highly dangerous and is largely caused by great sums of "excess liquidity," which, in turn, induced banks to lend funds.
increases in dispersion cause increases in new equity issuance
....The Kindleberger–Minsky model takes a conceptual approach by separating the rise and burst of a speculative bubble into five phases, which characterize the typical pattern of such events...
there is no consensus in the literature concerning the definition of a housing bubble
In a crisis situation, liquidity policies by the central bank may avoid a collapse of the banking sector
..the results have turned to be highly replicable...the dividend process is common information to participants, so there is an uambigous fundamental value"
The price-to-income ratio reached its peak around the 2008 financial crisis with 4.6
...the growth and nature of leverage may serve as a good proxy and could inform monetary policy
....The Kindleberger–Minsky model takes a conceptual approach by separating the rise and burst of a speculative bubble into five phases, which characterize the typical pattern of such events...
too much money is chasing too few investment opportunities.
...as behavioral uncertainty decreases.
When bubbles burst, the bailout policy mitigates capital losses caused by the burst and accelerates economic growth and workers’ wages compared to the no-bailout case
If bubbles are indeed caused by bounded rationality...we would expect that average asset prices will be farther from intrinsic values ex ante and move closer to intrinsic values ex post
The main idea behind the creation of economic bubbles is a weak financial policy and excessive monetary liquidity in the financial system
One problem with the word bubble is that it creates a mental picture of an expanding soap bubble, which is destined to pop suddenly and irrevocably. But speculative bubbles are not so easily ended; indeed, they may deflate somewhat, as the story changes, and then reflate.
there is no consensus in the literature concerning the definition of a housing bubble
The main idea behind the creation of economic bubbles is a weak financial policy and excessive monetary liquidity in the financial system
...over-leveraged banks found themselves exposed to falling asset prices with very little capital...
...as behavioral uncertainty decreases.
..the results have turned to be highly replicable...the dividend process is common information to participants, so there is an uambigous fundamental value"
… There is very little agreement about housing bubbles.
If bubbles are indeed caused by bounded rationality...we would expect that average asset prices will be farther from intrinsic values ex ante and move closer to intrinsic values ex post
too much money is chasing too few investment opportunities.
In a crisis situation, liquidity policies by the central bank may avoid a collapse of the banking sector
When bubbles burst, the bailout policy mitigates capital losses caused by the burst and accelerates economic growth and workers’ wages compared to the no-bailout case
...the growth and nature of leverage may serve as a good proxy and could inform monetary policy
increases in dispersion cause increases in new equity issuance
....The Kindleberger–Minsky model takes a conceptual approach by separating the rise and burst of a speculative bubble into five phases, which characterize the typical pattern of such events...
The price-to-income ratio reached its peak around the 2008 financial crisis with 4.6
One problem with the word bubble is that it creates a mental picture of an expanding soap bubble, which is destined to pop suddenly and irrevocably. But speculative bubbles are not so easily ended; indeed, they may deflate somewhat, as the story changes, and then reflate.
The main idea behind the creation of economic bubbles is a weak financial policy and excessive monetary liquidity in the financial system
..the results have turned to be highly replicable...the dividend process is common information to participants, so there is an uambigous fundamental value"
… There is very little agreement about housing bubbles.
The conventional view is that such a bubble is highly dangerous and is largely caused by great sums of "excess liquidity," which, in turn, induced banks to lend funds.
too much money is chasing too few investment opportunities.
increases in dispersion cause increases in new equity issuance
....The Kindleberger–Minsky model takes a conceptual approach by separating the rise and burst of a speculative bubble into five phases, which characterize the typical pattern of such events...