PDF
Author: روبرت ج. شيللر
Publisher: العبيكان للنشر
ISBN: 9960406490
Size: 76.15 MB
Format: PDF, ePub
Category : Business & Economics
Languages : ar
Pages : 325
View: 6043

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Book Description: يقدم روبرت ج. شيللر في هذا الكتاب الهام والعاجل وهو خبير موقر في قابلية التطاير التي يتمتع بها السوق شرحا غير تقليدي لقمم سوق أسهم الولايات المتحدة الحديثة ، ويبين أن تعبير الوفرة اللاعقلانية وصف جيد للحالة السائدة وراء السوق كما يحذر بأن الأداء الأسوء قد يكون في المستقبل القريب وهو يحاول أن يخبرنا كيف يمكننا أن نستجيب لذلك الوضع كمجتمع وبشكل إفرادي

Irrational Exuberance

Irrational Exuberance PDF
Author: Robert J. Shiller
Publisher: Princeton University Press
ISBN: 0691173125
Size: 28.58 MB
Format: PDF
Category : Business & Economics
Languages : en
Pages : 392
View: 2902

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Book Description: In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize–winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. With high stock and bond prices and the rising cost of housing, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. Previous editions covered the stock and housing markets—and famously predicted their crashes. This edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets. It also includes updated data throughout, as well as Shiller's 2013 Nobel Prize lecture, which places the book in broader context. In addition to diagnosing the causes of asset bubbles, Irrational Exuberance recommends urgent policy changes to lessen their likelihood and severity—and suggests ways that individuals can decrease their risk before the next bubble bursts. No one whose future depends on a retirement account, a house, or other investments can afford not to read this book.

Irrational Exuberance

Irrational Exuberance  PDF
Author: Federal Reserve Bank of San Francisco
Publisher:
ISBN:
Size: 28.34 MB
Format: PDF, Kindle
Category : Information technology
Languages : en
Pages :
View: 3628

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Book Description:

Extraordinary Popular Delusions And The Madness Of Crowds Harriman Definitive Edition

EXTRAORDINARY POPULAR DELUSIONS AND THE MADNESS OF CROWDS  HARRIMAN DEFINITIVE EDITION  PDF
Author: Charles Mackay
Publisher: Harriman House Limited
ISBN: 0857197436
Size: 79.17 MB
Format: PDF, ePub, Docs
Category :
Languages : en
Pages : 588
View: 2922

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Book Description: "Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one..." Extraordinary Popular Delusions and the Madness of Crowds is the original guide to behavioural psychology - and how manias, follies and superstitions begin, spread and (eventually) pass. A hugely entertaining tour through financial scams and stock market bubbles, alchemical quests and prophecy wars, duelling bouts and relic hunts, the book is as insightful and memorable today as when it was first published almost 180 years ago. This edition comes with an exclusive foreword by Russell Napier, author of Anatomy of the Bear. Harriman Definitive Editions offer the best quality editions of the best financial books of all time. Beautifully typeset in new designs, accompanied by forewords by the best modern financial writers, printed and bound in high-quality hardcovers on acid-free paper - they are essential long-term additions to the portfolio of every investor and trader.

Irrational Exuberance Reconsidered

Irrational Exuberance Reconsidered PDF
Author: Mathias Külpmann
Publisher: Springer Science & Business Media
ISBN: 3540247653
Size: 25.97 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 230
View: 6158

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Book Description: Mathias Külpmann presents a framework to evaluate whether the stock market is in line with underlying fundamentals. The new and revised edition offers an up to date introduction to the controversy between rational asset pricing and behavioural finance. Empirical evidence of stock market overreaction are investigated within the paradigms of rational asset pricing and behavioural finance. Although this monograph will not promise the reader to become a millionaire, it offers a road to obtain a deeper understanding of the forces which drive stock returns. It should be of interest to anyone interested in what drives performance in the stock market.

Irrational Exuberance In The U S Housing Market

Irrational Exuberance in the U S  Housing Market PDF
Author: Mr.Christopher W. Crowe
Publisher: International Monetary Fund
ISBN: 1451872046
Size: 25.75 MB
Format: PDF, ePub, Docs
Category : Business & Economics
Languages : en
Pages : 32
View: 5532

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Book Description: The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical protestants-that may be less prone to speculative motives, and uncover a significant negative relationship between their population share and house price volatility. Evangelicals' focus on Biblical prophecy could account for this difference, since it may enable them to interpret otherwise negative events as containing positive news, dampening the response of house prices to shocks. I provide evidence for this channel using a popular internet measure of "prophetic activity" and a 9/11 event study. I also analyze survey data covering religious beliefs and asset holding, and find that 'end times' beliefs are associated with a one-third decline in net worth, consistent with these beliefs providing a form of psychic insurance (Scheve and Stasavage, 2006a and 2006b) that reduces asset demand.

Behavioral Finance

Behavioral Finance PDF
Author: Matt Maaske
Publisher:
ISBN:
Size: 75.72 MB
Format: PDF, ePub, Docs
Category : Finance
Languages : en
Pages : 82
View: 332

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Book Description: "The speculative bubble in stock prices (particularly those of technology stocks) that began to form in 1995 and subsequently burst in March of 2000 has renewed interest in the psychology of investor behavior. Although speculative bubbles are by no means new, they all share numerous characteristics, including irrational behavior on the part of investors, both individual and institutional. This study will seek to explore and address why investor behavior in speculative periods does not conform to traditional economic theory, which assumes that all actors behave rationally. In addition, the study will examine why, despite myriad historical examples, investors repeatedly make the same mistakes during these speculative times."--Author's abstract.

Irrational Exuberance In Testosterone Prescribing

Irrational Exuberance in Testosterone Prescribing PDF
Author:
Publisher:
ISBN:
Size: 27.53 MB
Format: PDF, Docs
Category :
Languages : en
Pages :
View: 6506

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Book Description:

Irrational Exuberance In The U S Housing Market Were Evangelicals Left Behind

Irrational Exuberance in the U  S  Housing Market  Were Evangelicals Left Behind  PDF
Author: Christopher W. Crowe
Publisher: International Monetary Fund
ISBN:
Size: 49.47 MB
Format: PDF, ePub, Mobi
Category : Economics
Languages : en
Pages : 30
View: 2663

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Book Description:

The Greenspan Effect

The Greenspan Effect PDF
Author: David B. Sicilia
Publisher: McGraw-Hill Companies
ISBN: 9780071382526
Size: 52.82 MB
Format: PDF, Kindle
Category : Business & Economics
Languages : en
Pages : 273
View: 2364

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Book Description: ""[David Sicilia and Jeffrey Cruikshank] have done their homework on this fascinating economist. Greenspan's career is spelled out to readers in this informative and interesting read."--San Diego Union Tribune Selected by "Library Journal as a Best Business Book of the Year With one key phrase or comment, Federal Reserve chairman Alan Greenspan can send global financial markets tumbling-- or soaring! "The Greenspan Effect provides an up-close examination of Greenspan's tumultuous regime, suggesting to investors what pronouncements to expect-- and what they will mean--during the remainder of his remarkable term in office. This in-depth analysis of the words of Alan Greenspan includes highlights of his most influential speeches and demonstrates his uncanny, far-reaching power to impact markets on a global scale. In addition, it explains how to separate rhetoric from meaningful signals and anticipates the impact Greenspan is likely to have on future global markets. "The Greenspan Effect focuses on one powerful and brilliant man, his words and actions, and how investors can profit from this new knowledge.