Blar i Discussion papers (SAM) på emneord "market integration"
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Asset bubbles in shipping? : an analysis of recent history in the drybulk market
(Discussion paper, Working paper, 2006-03)The purpose of this paper is to investigate the hypothesis that the supercycle in the drybulk freight market between 2003 and 2005 caused asset values in the second -hand market to deviate from underlying fundamentals. ...