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The Crisis Of Capital Market Theories

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  • Florin Marius Turcaş

    (SC Smart Consult SRL, Arad)

Abstract

The global financial crisis has shown that current theories regarding financial markets are not appropriate for any market trend. In fact, they have been developed on financial markets that faced only corrections of the uptrend since the 1930s, and not a collapse requiring governmental intervention.

Suggested Citation

  • Florin Marius Turcaş, 2011. "The Crisis Of Capital Market Theories," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 702-709, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:702-709
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