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Overconfidence as a Cause of Crisis: The Case of Ukraine

In: The Euro and Economic Stability

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  • Vladimir Dubrovskiy

Abstract

The Euro and Economic Stability assesses the euro area’s merits as a shelter and the merits of euro assets as a safe haven and reviews the case for rapid euro adoption from a post-crisis view. Policymakers and economists provide relevant lessons from euro area divergences for future euro area members and, more generally, from the financial crisis, while banking representatives discuss post-crisis business models of banks in the area. Last but not least, a theoretical introductory chapter fills the gap between mainstream macroeconomic modelling and real-world decision-making.

Suggested Citation

  • Vladimir Dubrovskiy, 2010. "Overconfidence as a Cause of Crisis: The Case of Ukraine," Chapters, in: Ewald Nowotny & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), The Euro and Economic Stability, chapter 14, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14139_14
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    References listed on IDEAS

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    1. Erik Hoelzl & Aldo Rustichini, 2005. "Overconfident: Do You Put Your Money On It?," Economic Journal, Royal Economic Society, vol. 115(503), pages 305-318, April.
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