The Bank of Canada Has Been Studying If Telling People A Bubble Exists Makes It Worse
Canada’s central bank has had researchers quietly studying bubbles overseas. The study, Bubbles, Crashes and Information Contagion In Large-Group Asset Market Experiments, appeared in the June issue of Experimental Economics. It was the centerfold issue, so obviously, I had to pick it up. In the study, Bank of Canada (BoC) researchers looked at the role […]