Press Releases
Stock bubbles are deflated by ethnic diversity
From The Great Depression through the dot-com boom of the 1990s to the recent financial crisis, stock market bubbles are a constant malaise. Even as bubbles devastate individuals and nations, preventing them has been difficult because their sources remain opaque. A new study proposes a cause: Bubbles happen when people mindlessly trust the behaviour of others, and they do so much more often when surrounded by ethnic peers.
Google searches hold key to future market crashes
A team of researchers from Warwick Business School and Boston University have developed a method to automatically identify topics that people search for on Google before subsequent stock market falls.