Can central bank prick the asset bubble?;

Investment Through Financial Intermediaries, Risk Transfer and Asset Bubble;

The asset bubbles have great impact on the real economic.

Research on Financial Stability under Excess Liquidity and Asset Bubbles;

Virtual economic expansion is a two-edged sword for the development of shanghai which actually pro- vides opportunities,while in the other hand would possibly sharpen asset bubbles yet.

On the basis of this,this article argues that the principal—agent investment and the moral hazard generated from it is the important cause which leads to the formation,development and crumbling of asset bubbles and the occurrence of financial crisis.

The studies on asset price bubbles can be summarized from the theories as following: rational speculative bubbles theory,irrational speculative bubbles theory,theories based on information theory and game theory,nonlinear bubbles theory.

Excessive financial innovation leads to credit expansion and asset foam.

CAPM is a method for the determination of basic value of financial assets and it is meaningful for analyzing and controlling the formation of asset foam.

The Probability of Depression in China Caused by Collapse of Asset Price Bubble;

There appears to be an asset price bubble carried by stock market and real estate in present China economy.

Since the 80th and 90th of the twentieth century, the ologies have tended to interweave with each other, which gives the study on asset price bubble a new chance.