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...

Full description

Saved in:
Bibliographic Details
Main Authors:Herrera Aguilera, Santiago
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
Subjects:
Online Access:URL des Erstveröffentlichers
Details
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
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)