Robust asset prices with bubbles

被引：0
|
作者：
Burke, JL
机构：
[1] Economics Department, University of Texas, Austin
来源：
ECONOMICS LETTERS | 1996年 / 50卷 / 03期
关键词：
asset; bubbles; robust;
D O I：
10.1016/0165-1765(95)00765-2
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We generally establish equilibrium asset prices than can include price bubbles yet (a) be robust to truncations of the economy and (b) exclude trade in non-consumables, like money, stock certificates, or land deeds.
引用
收藏
页码：349 / 354
页数：6
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