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Speculative Bubbles and Financial Crises
| Content Provider | Semantic Scholar |
|---|---|
| Author | Fetiniuc, Valentina Ivan, Luchian GherboveČ, Sergiu |
| Copyright Year | 2014 |
| Abstract | The speculative bubble can be defined as the trade in high volumes at prices that are considerably at variance with intrinsic values of certain assets. The burst of speculative bubble can cause financial crisis in specific form created by situation of investment process dysfunction, when investors looking for investment refuges and refuse usual investment opportunities. This phenomenon can be a substantial basis of liquidity crisis and general financial crisis. Therefore is very important for regulation authorities to take in to account the possibility of this type of crisis to elaborate specific measures to prevent and reduce the consequences. |
| Starting Page | 153 |
| Ending Page | 162 |
| Page Count | 10 |
| File Format | PDF HTM / HTML |
| Volume Number | 1 |
| Alternate Webpage(s) | http://www.ipe.ro/RePEc/vls/vls_pdf_jfme/vol1i1p153-162.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |