QUIET BUBBLES

Harrison Hong  

Princeton University 

David Sraer  

Princeton University

First Draft: November 1, 2010 

This Draft: February 21, 2011

Advisors and Asset Prices: A Model of the Origins of Bubbles

Harrison Hong, Jos ́e Scheinkman, and Wei Xiong

Journal of Financial Economics 89 (2008) 268– 287

Financial crises and interacting heterogeneous agents

Weihong Huang, Huanhuan Zheng, Wai-Mun Chia

Journal of Economic Dynamics & Control 34 (2010) 1105–1122