The Acoustic Bubble - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Acoustic Bubble write by T Leighton. This book was released on 1994. The Acoustic Bubble available in PDF, EPUB and Kindle. This volume deals with the interaction of acoustic fields with bubbles in liquids. The principles of cavitation (generation of bubbles in liquids by rapid changes as those introduced by ultrasound) are expounded. When cavity bubbles implode they produce shock waves in the liquid. Components can be damaged by cavitation if it is induced by turbulent flow. These phenomena have important implications, particularly in underwater acoustics (the fastest growing field in acoustics research).
Housing Bubbles
Housing Bubbles - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Housing Bubbles write by Sergi Basco. This book was released on 2018-10-01. Housing Bubbles available in PDF, EPUB and Kindle. “This book provides an accessible, yet formal framework to understand how housing bubbles arise, their international dimension, their consequences, and ways to prevent them.” Òscar Jordà, University of California, Davis, USA “Basco’s analysis blends, in a very rigorous but enjoyable manner , state-of-the-art theory and historical examples, adding also a very timely and valuable set of policy orientations.” Óscar Arce, Director General, Banco de España, Madrid, Spain Booms and busts of house prices are a recurrent feature throughout history. This book provides a comprehensive overview of the origins and economic consequences of these housing bubbles. The book starts with a formal definition of asset price bubbles and a summary of the most famous episodes, before describing how economists have thought about asset price bubbles; specifically behavioral vs. rational interpretations. These theories are applied to the special case of housing and the same framework is used to explain the implications of financial globalization for capital flows and housing bubbles. After analyzing its origins, the economic consequences of housing bubbles for both households and firms are derived and documented. The final sections are devoted to discussing the effects of financial crises and explain how financial regulation could mitigate the emergence of future housing bubbles. Case studies of the recent housing bubbles in the United States and Spain are also featured in the book. This book will be of value to advanced undergraduate macroeconomic courses, as well as researchers in international economics and macroeconomics and policy makers.
New Perspectives on Asset Price Bubbles
New Perspectives on Asset Price Bubbles - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook New Perspectives on Asset Price Bubbles write by Douglas D. Evanoff. This book was released on 2012-02-08. New Perspectives on Asset Price Bubbles available in PDF, EPUB and Kindle. This volume critically re-examines the profession's understanding of asset bubbles in light of the global financial crisis of 2007-09. It is well known that bubbles have occurred in the past, with the October 1929 crash as the most demonstrative example. However, the remarkably well-behaved performance of the US economy from 1945 to 2006, and, in particular during the Great Moderation period of 1984 to 2006, assured the economics profession and monetary policymakers that asset bubbles could be effectively managed with little or no real economic impact. The recent financial crisis has now triggered a debate about the emergence of a sequence of repeated bubbles in the Nasdaq market, housing market, credit market, and commodity markets. The realities of the crisis have intensified theoretical modeling, empirical methodologies, and debate on policy issues surrounding asset price bubbles and their potentially adverse economic impact if poorly managed. Taking a novel approach, the editors of this book present five classic papers that represent accepted thinking about asset bubbles prior to the financial crisis. They also include original papers challenging orthodox thinking and presenting new insights. A summary essay highlights the lessons learned and experiences gained since the crisis.
The Drag and Shape of Air Bubbles Moving in Liquids
The Drag and Shape of Air Bubbles Moving in Liquids - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Drag and Shape of Air Bubbles Moving in Liquids write by Benjamin Rosenberg. This book was released on 1950. The Drag and Shape of Air Bubbles Moving in Liquids available in PDF, EPUB and Kindle.
Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays
Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays write by Anastasios G Malliaris. This book was released on 2005-10-03. Economic Uncertainty, Instabilities And Asset Bubbles: Selected Essays available in PDF, EPUB and Kindle. The compendium of papers in this volume focuses on aspects of economic uncertainty, financial instabilities and asset bubbles.Economic uncertainty is modeled in continuous time using the mathematical techniques of stochastic calculus. A detailed treatment of important topics is provided, including the existence and uniqueness of asymptotic economic growth, the modeling of inflation and interest rates, the decomposition of inflation and its volatility, and the extension of the quantity theory of money to allow for randomness.The reader is also introduced to the methods of chaotic dynamics, and this methodology is applied to asset pricing, the European equity markets, and the multi-fractality in foreign currency markets.Since the techniques of stochastic calculus and chaotic dynamics do not readily accommodate the presence of stochastic bubbles, several papers discuss in depth the presence of financial bubbles in asset prices, and econometric work is performed to link such bubbles to monetary policy.Finally, since bubbles often burst rather than deflate slowly, the last section of the book studies the crash of October 1987 as well as other crashes of national equity markets due to the Persian gulf crisis.
