http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
Describes theory of asset bubbles, where the asset price of stocks, bonds, and property is greater than the fundamental value. Examines effect of bubbles on select aspects of the economy, including investment, consumption, Gross Domestic Product, and inflation; explores possible ways the Federal Reserve (Fed) could respond to future bubbles; and summarizes how Fed has responded to potential bubbles to date.
Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
Library of Congress. Congressional Research Service.