1. Economic Price Bubbles
What methods have economists and real estate analysts used to determine the presence of housing bubbles and what are the shortcomings of those methods? ... If one prescribes to the school of thought of efficient market hypothesis, even as a hybrid with behaviorist ideology, the recent bubble surrounding housing prices and mortgage backed securities can be shown to be evidence that efficient markets can be susceptible to the presence and effects, both positive and negative, to the growth and popping of asset price bubbles. ... Evanoff et al. also suggest that the global financial crisis if 200...
- Word Count: 951
- Approx Pages: 4
- Grade Level: Undergraduate