💬 [E7262] Shiller's index explicitly references speculative bubbles in bond markets (noted at pages xi, 12, 13, 17), extending bubble analysis beyond equities to fixed income. The work also references inflation-indexed bonds as a policy innovation to manage speculative excess, and covers the Case-Shiller methodology applied across asset classes including bonds over the 1871-2014 dataset.

💬 [E7260] Shiller's comprehensive bibliography documents speculative bubble patterns across multiple asset classes (stocks, bonds, real estate) and historical episodes (1929, 1987, 2000, Japan, Asia) spanning 1871-2014, with ~400+ academic citations covering 170+ years of financial literature. Key psychological drivers indexed include overconfidence, anchoring, herd behavior, feedback loops, and media-driven attention cascades.

💬 [E7263] Shiller's reference framework includes policy recommendations for managing speculative bubbles through financial innovation — specifically continuous workout mortgages, inflation-indexed bonds, and democratizing finance instruments. These represent structural tools for portfolio construction that account for behavioral market dynamics rather than assuming efficient price discovery.

🟢 [E7261] Shiller's index and references provide a structural framework for identifying regime changes through behavioral finance lens, documenting feedback loops, speculative bubble metaphors, and policy mechanisms (circuit breakers, central bank interventions). The work systematically challenges efficient markets theory citing anomalies (Fama 1970, De Bondt-Thaler overreaction research, Campbell-Shiller dividend studies) as foundation for cycle-aware investing.