Identifying Bubbles

I have created an infographic summarising the content of this blog. You can cycle through it using the arrow keys, or simply explore it in w...

In my previous post , I argued that irrational markets is a more convincing explanation of the dot-com bubble than the mechanism involving r...

I noted in a previous post  how often historical bubbles have appeared to follow the emergence of new technology. This is extremely widely o...

Just a few days after I created this blog, Jeremy Stein, a governor at the Federal Reserve, gave a speech on  how to identify overheating in...

My previous post was based around the work of  Burnside et al  (2011), who modeled a housing market under the assumption that a bubble is...

One of the key aims of this blog will be to identify any differences between a bubble destined to burst and a sustainable boom in prices. Th...