Aneil Kovvali

Aneil Kovvali is a professor at Cardozo School of Law. His scholarship focuses on corporate law and governance.

Regulation

Economic Bubbles Can Be Constructive

Jared Bernstein

News media circulates with warnings about speculative bubbles in artificial intelligence and cryptocurrency, but history shows that not all bubbles are bad for the economy, and some may even aid long-term growth. In new research, Jared Bernstein, Aneil Kovvali and Jeffery Y. Zhang distinguish between constructive and destructive bubbles and suggest how the government and financial institutions can limit the consequences of the latter.

Aneil Kovvali

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