Churning Bubbles

DOI10.2307/2298101zbMath0800.90350OpenAlexW4240597343MaRDI QIDQ4274427

Gary Gorton, Franklin Allen

Publication date: 6 January 1994

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2298101

Mathematics Subject Classification ID

Related Items (22)

Asset pledgeability and endogenously leveraged bubbles ⋮ A finite model of riding bubbles ⋮ Delegated portfolio management, optimal fee contracts, and asset prices ⋮ Ex ante versus interim rationality and the existence of bubbles ⋮ How tournament incentives affect asset markets: a comparison between winner-take-all tournaments and elimination contests ⋮ Comment on: ``Asset bubbles and talent misallocation ⋮ Bubbly bailout ⋮ A model of regret, investor behavior, and market turbulence ⋮ A leverage-based model of speculative bubbles ⋮ Deposit insurance and the coexistence of commercial and shadow banks ⋮ Private information and sunspots in sequential asset markets ⋮ Convex incentives in financial markets: an agent-based analysis ⋮ Early warning on stock market bubbles via methods of optimization, clustering and inverse problems ⋮ WHEN THE BUBBLE IS GOING TO BURST … ⋮ Endogenous fluctuations in a simple asset pricing model with heterogeneous agents ⋮ Information aggregation in financial markets with career concerns ⋮ (A)symmetric information bubbles: experimental evidence ⋮ Price bubbles sans dividend anchors: evidence from laboratory stock markets ⋮ Asset price bubbles in markets with transaction costs ⋮ INEFFICIENT BUBBLES AND EFFICIENT DRAWDOWNS IN FINANCIAL MARKETS ⋮ Timing games with irrational types: leverage-driven bubbles and crash-contingent claims ⋮ Toxic asset bubbles

This page was built for publication: Churning Bubbles