Bubbles, Financial Crises, and Systemic Risk. Brunnermeier, M. K. & Oehmke, M. National Bureau of Economic Research, 2012.
Bubbles, Financial Crises, and Systemic Risk [pdf]Paper  abstract   bibtex   
This chapter surveys the literature on bubbles, nancial crises, and systemic risk. The rst part of the chapter provides a brief historical account of bubbles and nancial crisis. The second part of the chapter gives a structured overview of the literature on nancial bubbles. The third part of the chapter discusses the literatures on nancial crises and systemic risk, with particular emphasison ampli cation and propagation mechanisms during nancial crises, and themeasurement of systemic risk. Finally, we point toward some questions for futureresearch

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