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The economy of 'soap bubbles' (Part 1)

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  • O. Baranovskyi

Abstract

The author defines the essence of economic 'bubbles'. He reveals the peculiar features of 'soap bubbles' on the markets of shares and consumer credits, in crediting realty purchases, granting credits to medium-size and small business and on the markets of realty and derivatives, as well as 'soap bubbles' as a consequence of overconcentration of market, credit, Interest, and exchange risks and the liquidity risks and analyses their evolution. The article considers the specificity of economic (market) overheating.

Suggested Citation

  • O. Baranovskyi, 2008. "The economy of 'soap bubbles' (Part 1)," Economy and Forecasting, Valeriy Heyets, issue 4, pages 45-68.
    • Handle: RePEc:eip:journl:y:2008:i:4:p:45-68
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