Market Crashes, Market Regimes, and Regime-Separating Barriers
Preprint
- 1 January 1998
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
Genotte and Leland (1990) present a theory of market crashes with a reverse-S demand curve, negatively-sloped at higher and lower prices and positively-sloped bKeywords
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