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Author: David F. DeRosa
Publisher: CFA Institute Research Foundation
ISBN: 1952927110
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
The presence of speculative bubbles in capital markets (an important area of interest in financial history) is widely accepted across many circles. Talk of them is pervasive in the media and especially in the popular financial press. Bubbles are thought to be found primarily in the stock market, which is our main interest, although bubbles are said to occur in other markets. Bubbles go hand in hand with the notion that markets can be irrational. The academic community has a great interest in bubbles, and it has produced scholarly literature that is voluminous. For some economists, doing bubble research is like joining the vanguard of a Kuhnian paradigm shift in economic thinking. Not so fast. If bubbles did exist, they would pose a serious challenge to neoclassical finance. Bubbles would contradict the ideas that markets are rational or work in an informationally efficient manner. That’s what makes the topic of bubbles interesting. This book reviews and evaluates the academic literature as well as some popular investment books on the possible existence of speculative bubbles in the stock market. The main question is whether there is convincing empirical evidence that bubbles exist. A second question is whether the theoretical concepts that have been advanced for bubbles make them plausible. The reader will discover that I am skeptical that bubbles actually exist. But I do not think I or anyone else will ever be able to conclusively prove that there has never been a bubble. From studying the literature and from reading history, I find that many famous purported bubbles reflect inaccurate history or mistakes in analysis or simply cannot be shown to have existed. In other instances, bubbles might have existed. But in each of those cases, there are credible rational explanations. And good evidence exists for the idea that even if bubbles do exist, they are not of great importance to understanding the stock market.
Author: Thomas Orlik
Publisher: Oxford University Press, USA
ISBN: 0190877405
Category : China
Languages : en
Pages : 241
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Book Description
A provocative perspective on the fragile fundamentals, and forces for resilience, in the Chinese economy, and a forecast for the future on alternate scenarios of collapse and ascendance.
Author: William Quinn
Publisher: Cambridge University Press
ISBN: 1108369359
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
Author: Mercer Mayer
Publisher: School Specialty Publishing
ISBN: 9781577683483
Category : Bubbles
Languages : en
Pages : 0
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Book Description
A little boy creates all sorts of fantastic animals with his magic bubble maker.
Author: John Cassidy
Publisher:
ISBN: 9780932592774
Category : Amusements
Languages : en
Pages : 92
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Book Description
Explains how soap bubbles are formed and what can be done with them.
Author: Elizabeth Ember
Publisher:
ISBN:
Category :
Languages : en
Pages : 30
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Book Description
The Bubble Book was written to introduce and excite my preschool classroom about Belly Breaths through a fun, interactive experience. We use these Belly Breaths as a tool to get our bodies calm and settled after a rough moment on the playground, before nap time, or just to get feeling good again. Belly Breaths are an important first step towards emotion regulation and mindfulness. They bring more oxygen to the brain so we can process what is happening and think more clearly. I use this book to simply introduce the term "Belly Breaths" to my kiddos in a fun and engaging activity. Then, when the time comes, I can say, "Remember the Belly Breaths? Let's give them a try!"
Author: David F. DeRosa
Publisher: CFA Institute Research Foundation
ISBN: 1952927110
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
The presence of speculative bubbles in capital markets (an important area of interest in financial history) is widely accepted across many circles. Talk of them is pervasive in the media and especially in the popular financial press. Bubbles are thought to be found primarily in the stock market, which is our main interest, although bubbles are said to occur in other markets. Bubbles go hand in hand with the notion that markets can be irrational. The academic community has a great interest in bubbles, and it has produced scholarly literature that is voluminous. For some economists, doing bubble research is like joining the vanguard of a Kuhnian paradigm shift in economic thinking. Not so fast. If bubbles did exist, they would pose a serious challenge to neoclassical finance. Bubbles would contradict the ideas that markets are rational or work in an informationally efficient manner. That’s what makes the topic of bubbles interesting. This book reviews and evaluates the academic literature as well as some popular investment books on the possible existence of speculative bubbles in the stock market. The main question is whether there is convincing empirical evidence that bubbles exist. A second question is whether the theoretical concepts that have been advanced for bubbles make them plausible. The reader will discover that I am skeptical that bubbles actually exist. But I do not think I or anyone else will ever be able to conclusively prove that there has never been a bubble. From studying the literature and from reading history, I find that many famous purported bubbles reflect inaccurate history or mistakes in analysis or simply cannot be shown to have existed. In other instances, bubbles might have existed. But in each of those cases, there are credible rational explanations. And good evidence exists for the idea that even if bubbles do exist, they are not of great importance to understanding the stock market.
Author: T Leighton
Publisher: Academic Press
ISBN: 0323144136
Category : Science
Languages : en
Pages : 641
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Book Description
The Acoustic Bubble describes the interaction of acoustic fields with bubbles in liquid. The book consists of five chapters. Chapter 1 provides a basic introduction to acoustics, including some of the more esoteric phenomena that can be seen when high-frequency high-intensity underwater sound is employed. Chapter 2 discusses the nucleation of cavitation and basic fluid dynamics, while Chapter 3 draws together the acoustics and bubble dynamics to discuss the free oscillation of a bubble and acoustic emissions from such activity. The acoustic probes that are often applied to study the behavior of a bubble when an externally-applied acoustic field drives it into oscillation is deliberated in Chapter 4. The last chapter outlines a variety of effects associated with acoustically-induced bubble activity. The bubble detection, sonoluminescence, sonochemistry, and pulse enhancement are also covered. This publication is a good reference for physics and engineering students and researchers intending to acquire knowledge of the acoustic interactions of acoustic fields with bubbles.
Author: Subrata Kumar Majumder
Publisher: CRC Press
ISBN: 1351249851
Category : Science
Languages : en
Pages : 244
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Book Description
Slurry bubble column reactors are intensively used as a multiphase reactor in the chemical, biochemical, and petrochemical industries for carrying out reactions and mass transfer operations in which a gas, made up of one or several reactive components, comes into contact or reacts with a liquid. This volume describes the hydrodynamics of three-phase gas-liquid-solid flow in a downflow slurry bubble column. The efficiency of the downflow gas interacting system is characterized by the self-entrainment of secondary gas. The book covers the gas entrainment phenomena, gas holdup characteristics, pressure drop, gasliquid mixing characteristics, bubble size distribution, interfacial phenomena, and the mass transfer phenomena in the downflow slurry system. This volume will be useful in chemical and biochemical industries and in industrial research and development sectors, as well as in advanced education courses in this area. The book will be helpful for further understanding the multiphase behavior in gas interacting multiphase systems for research and development. The hydrodynamic and mass transfer characteristics discussed will be useful in the design and installation of the modified slurry bubble column in industry for specific applications.
Author: John R. Beck
Publisher:
ISBN:
Category : Gages
Languages : en
Pages : 54
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Book Description
Author: C.V Boys
Publisher: BoD – Books on Demand
ISBN: 3752378131
Category : Fiction
Languages : en
Pages : 94
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Book Description
Reproduction of the original: Soap-Bubble by C.V Boys
