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13-205/II - Animal Spirits, Heterogeneous Expectations and the Emergence of Booms and Busts


  • Authors
    Tiziana Assenza, Università Cattolica del Sacro Cuore, Milano, and University of Amsterdam, CeNDEF, The Netherlands; William A. Brock, University of Wisconsin, Madison, USA, and University of Missouri, Columbia; Cars H. Hommes, University of Amsterdam, CeNDEF, and Tinbergen Institute, The Netherlands
  • Publication date
    December 17, 2013
  • Keywords
    Heterogeneous Expectations, Crises, Animal Spirits
  • JEL
    E32, D83, D84