%0 Journal Article %1 3200816520080301 %A Bernstein, Peter L. %D 2008 %J Journal of Portfolio Management %K Board Board, CREDULITY, ECONOMIC EXPERIENCE Federal Reserve States, States. TRUST, UNITED bubbles, curve, %N 3 %P 2 %T Greenspan vs. the Gold Standard. %U http://www.redi-bw.de/db/ebsco.php/search.ebscohost.com/login.aspx?direct=true&db=buh&AN=32008165&site=ehost-live %V 34 %X The article discusses the phenomenon of economic bubbles, focusing on comments by Alan Greenspan and Paul Volcker, former chairmen of the United States Federal Reserve Board, who are quoted discussing the importance of trust among participants in a market, and the absence of a learning curve in terms of the market's susceptibility to bubbles. It is noted that the bursting of such bubbles coincides with a precipitous decline in the prevalence of the implicit belief that other investors know what they are doing.

@article{3200816520080301, abstract = {The article discusses the phenomenon of economic bubbles, focusing on comments by Alan Greenspan and Paul Volcker, former chairmen of the United States Federal Reserve Board, who are quoted discussing the importance of trust among participants in a market, and the absence of a learning curve in terms of the market's susceptibility to bubbles. It is noted that the bursting of such bubbles coincides with a precipitous decline in the prevalence of the implicit belief that other investors know what they are doing. }, added-at = {2009-07-01T11:04:46.000+0200}, author = {Bernstein, Peter L.}, biburl = {https://www.bibsonomy.org/bibtex/26a438ed82393c3952c70aac6788d8bc5/wolffes}, interhash = {cd8c6cf6bbcc5af6a0d18e38714c4f08}, intrahash = {6a438ed82393c3952c70aac6788d8bc5}, issn = {00954918}, journal = {Journal of Portfolio Management}, keywords = {Board Board, CREDULITY, ECONOMIC EXPERIENCE Federal Reserve States, States. TRUST, UNITED bubbles, curve,}, number = 3, pages = 2, timestamp = {2009-07-01T11:54:03.000+0200}, title = {Greenspan vs. the Gold Standard.}, url = {http://www.redi-bw.de/db/ebsco.php/search.ebscohost.com/login.aspx?direct=true&db=buh&AN=32008165&site=ehost-live}, volume = 34, year = 2008 }