Paul Ho
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Federal Reserve Bank of Richmond, Research Department
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1 Articles
![A bubble refracts light and the image of a window](https://anderson-review.ucla.edu/wp-content/uploads/2021/07/AR-bubble-innovation-thumb-760x570.jpg)
Market Bubbles Aren’t Entirely Irrational Exuberance
A model examines the relationships between innovation, speculation and market values
Federal Reserve Bank of Richmond, Research Department
A model examines the relationships between innovation, speculation and market values