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Burbujas especulativas: el estado de una cuestión poco estudiada

Listed author(s):
  • Alberto Madrid

    (Departamento de Economía e Historia Económica, Universidad de Sevilla, Sevilla, España)

  • Luis A. Hierro

    (Departamento de Economía e Historia Económica, Universidad de Sevilla, Sevilla, España)

Registered author(s):

    Este trabajo examina la literatura sobre burbujas especulativas. En el mismo se incluyen tanto los trabajos teóricos, destinados a conocer el origen de las burbujas y sus consecuencias, como los trabajos empíricos, destinados fundamentalmente a definir procedimientos econométricos para la detección de burbujas y a aplicarlos. También repasamos la discusión sobre si es posible considerar racional el comportamiento de los agentes en situaciones de burbujas. Las principales conclusiones que obtenemos son que existe una clara separación entre los estudios teóricos y empíricos que ha impedido el avance de la investigación sobre burbujas y que esta se encuentra también muy limitada por la tendencia de los investigadores a mantener los modelos y supuestos de los estudios pioneros. Ambas razones nos hacen pensar que la investigación sobre burbujas tendrá un importante desarrollo en el futuro.

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    Article provided by ELSEVIER in its journal Cuadernos de Economía.

    Volume (Year): 38 (2015)
    Issue (Month): 108 (Septiembre)
    Pages: 123-138

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    Handle: RePEc:cud:journl:v:38:y:2015:i:108:p:123-138
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    References listed on IDEAS
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