
Tropical bubbles : asset prices in Latin America, 1980-2001 / Santiago Herrera, Guillermo Perry
The authors examine if observed asset prices in Latin America depart significantly from fundamentals-determined levels. These departures, or bubbles, are found to be equally determined by both country-specific and common external variables, contrary to previous studies that found that local factors...
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Main Authors: | Herrera Aguilera, Santiago |
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Corporate Authors: | World Bank |
Other Authors: | Perry, Guillermo |
Format: | Online-Resource |
Language: | English |
Published: | Washington, D.C : World Bank, Latin America and the Caribbean Region, Office of the Chief Economist, 2001 |
Series: | Policy research working paper
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Subjects: | |
Online Access: | URL des Erstveröffentlichers |
Summary: | The authors examine if observed asset prices in Latin America depart significantly from fundamentals-determined levels. These departures, or bubbles, are found to be equally determined by both country-specific and common external variables, contrary to previous studies that found that local factors were predominant in asset price determination in Latin America |
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Item Description: | "November 2001. - Includes bibliographical references (p. 23-26). - Title from title screen as viewed on Aug. 24, 2002 Erscheinungsjahr in Vorlageform:[2001] Weitere Ausgabe: Herrera, Santiago: Tropical bubbles |
Physical Description: | 1 Online-Ressource (64 Seiten) |