Language:
English
Pages:
Online-Ressource
Edition:
Online-Ausg. World Bank E-Library Archive Also available in print
Series Statement:
Policy research working paper 2724
Parallel Title:
Herrera, Santiago Tropical bubbles
Keywords:
Business cycles
;
Corporations Valuation
;
Financial crises Economic aspects
;
Stocks Prices
;
Business cycles
;
Corporations Valuation
;
Financial crises Economic aspects
;
Stocks Prices
Abstract:
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
Note:
"November 2001
,
Includes bibliographical references (p. 23-26)
,
Title from title screen as viewed on Aug. 24, 2002
,
Also available in print.
URL:
Volltext
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