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RFS Advance Access published online on February 13, 2008
Review of Financial Studies, doi:10.1093/rfs/hhn008
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© The Author 2008. Published by Oxford University Press on behalf of the Society for Financial Studies. All rights reserved. For permissions, please e-mail: journals.permissions@oxfordjournals.org.

The Causes and Consequences of Recent Financial Market Bubbles: An Introduction

Utpal Bhattacharya and Xiaoyun Yu
Kelley School of Business, Indiana University

Address correspondence to Utpal Bhattacharya and Xiaoyun Yu, Kelley School of Business, Indiana University, 1309 E. 10th Street, Bloomington, IN 47405; telephone: (812)-855-3413; e-mail: ubhattac{at}indiana.edu, xiyu{at}indiana.edu.

JEL: G10, G20, G30


  Abstract

On August 12–13, 2005, the department of finance at the Kelley School of Business, Indiana University, collaborated with the Review of Financial Studies to host a conference titled "The Causes and Consequences of Recent Financial Market Bubbles." This article begins with our overview of the themes and findings of the conference, and it ends with the questions that the literature has yet to answer.

We would like to thank Markus Brunnermeier, Maureen O'Hara, Matthew Spiegel, and all our colleagues at Indiana University for their insights on bubbles.


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