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  • Fredj Jawadi (a1)

This short note gives an overview of recent research on topics concerning Financial, Housing, and Monetary markets. In particular, I introduce a special issue that includes a selection of papers presented at the second International Workshop on Financial Markets and Nonlinear Dynamics (FMND) held in Paris in June 2015 ( The papers investigate various issues and discuss hypotheses that help us to understand asset price dynamics and their impact on real activity, as well as the new rules governing financial markets. Furthermore, their conclusions can help us to improve the forecasting of market trends in the future.

Corresponding author
Address correspondence to: Fredj Jawadi, Université d'Evry Val d'Essonne, Bâtiment La Poste, Bure 226, 2 rue Facteur Cheval, 91025 Evry, France; e-mail:
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Akerlof, G. A. and Shiller, R. J. (2009) Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism? Boston, MA: Princeton University Press.
Hommes, C. H. (2011) The heterogeneous expectations hypothesis: Some evidence from the lab. Journal of Economic Dynamics and Control 35 (1), 124.
Shiller, R. J. (2012a) The Subprime Solution: How Today's Global Financial Crisis Happened, and What to do About It? New York: Princeton University Press.
Shiller, R. J. (2012b) The Irrational Exuberance. Princeton, NJ: Princeton University Press.
Shiller, R. (2015) Irrational Exuberance, Revised and Expanded Third Edition. New York: Princeton University Press.
Tversky, A. and Kahneman, D. (1973) Availability: A heuristic for judging frequency and probability. Cognitive Psychology 5 (2), 207232.
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Macroeconomic Dynamics
  • ISSN: 1365-1005
  • EISSN: 1469-8056
  • URL: /core/journals/macroeconomic-dynamics
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