Conference jointly organized with the CEPR and the Foundation Banque de France. The Program Committee was composed of Fernando Broner (CREI, UPF and University of Maryland), Ricardo Caballero (MIT), and Jaume Ventura (CREI, UPF).
The conference brought together some of the best world researchers working on asset price bubbles. A broad range of issues related to the origins and effects of asset price bubbles were discussed during the conference. The program was organized in five sections: (1) bubbles, investment and productivity growth; (2) private information and bubbles; (3) the US stock market boom of the 90s; (4) money, credit and bubbles; and (5) research on bubbles, what do we know? what next?
Speculation, Overpricing, and Investment - Theory and Empirical Evidence
by Stavros Panageas
Economic Growth with Bubbles
by Jaume Ventura
Beauty Contests and Iterated Expectations in Asset Markets
by Franklin Allan, Stephen Morris and Hyun Song Shin
Riding the South Sea Bubble
by Peter Temin and Hans-Joachim Voth
Was There a NASDAQ Bubble in the Late 1990s?
by Lubos Pastor and Pietro Veronesi
Stock Market Boom and the Productivity Gains of the 1990s
by Urban Jermann and Vicenzo Quadrini
Speculative Growth: Hints from the US Economy
by Ricardo Caballero, Emmanuel Farhi and Mohamad Hammour
Bubbles and Private Liquidity
by Christian Hellwig and Guido Lorenzoni
Deflationary Bubbles
by Willem Buiter and Anne Siebert