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This overvalued the currency, causing an increase in imports and thus a current-account deficit.
After a sharp price increase, the market collapses quickly again, but even after the crash, the market remains overvalued.
We can observe, however, phases in which the asset is undervalued (compared to the fundamental price) alternating with episodes in which it is overvalued.
He believes scholars overvalue ' liveness', and wants to make a case that recorded performance should be weighted equally.
The utility function for losses is 'steeper' than for gains, so losses are overvalued compared to equal gains.
He simply tends in his haste to overvalue his personal interests and to be thoughtless regarding the other's agency interests.
Their contribution is seen as often overvalued, except perhaps as founding myths.
They typically have overvalued currencies accompanied by continuous debt accumulation.
They also provide evidence that managers grant more options to rank-and-file employees when management believes its stock to be overvalued.
On the contrary, if the measure is concave the optimistic decision-maker relatively overvalues the better events.
In the meantime, successive governments continued the policy of overvaluing the cedi.
Investors may individually believe that an asset is overvalued, but continue to buy, because they believe that the market will continue to rise.
Just as children have been undervalued, pain and suffering have been overvalued.
In having to accept as wages goods and provisions that were overvalued, workers in effect suffered a real wage cut.
For this reason it is not a good idea to use 1981 prices that tend to overvalue old and obsolete industries and technologies.
