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
相关论文
共 50 条
  • [41] Asset Bubbles and Global Imbalances
    Ikeda, Daisuke
    Phan, Toan
    AMERICAN ECONOMIC JOURNAL-MACROECONOMICS, 2019, 11 (03) : 209 - 251
  • [42] Asset bubbles and monetary policy
    Dong, Feng
    Miao, Jianjun
    Wang, Pengfei
    REVIEW OF ECONOMIC DYNAMICS, 2020, 37 : S68 - S98
  • [43] Pricking asset market bubbles
    Schmitt, Noemi
    Westerhoff, Frank
    FINANCE RESEARCH LETTERS, 2021, 38
  • [44] Asymptotic asset pricing and bubbles
    Alexandre Roch
    Mathematics and Financial Economics, 2018, 12 : 275 - 304
  • [45] Fund Tournaments and Asset Bubbles
    Sato, Yuki
    REVIEW OF FINANCE, 2016, 20 (04) : 1383 - 1426
  • [46] Rational asset pricing bubbles
    Santos, MS
    Woodford, M
    ECONOMETRICA, 1997, 65 (01) : 19 - 57
  • [47] Diverse views on asset bubbles
    Shiller, RJ
    ASSET PRICE BUBBLES: THE IMPLICATIONS FOR MONETARY, REGULATORY, AND INTERNATIONAL POLICIES, 2003, : 35 - 39
  • [48] Asset bubbles and frictional intermediation
    Wang, Chenxi
    ECONOMIC THEORY, 2023, 76 (03) : 921 - 961
  • [49] Asset price bubbles: a survey
    Scherbina, Anna
    Schlusche, Bernd
    QUANTITATIVE FINANCE, 2014, 14 (04) : 589 - 604
  • [50] Bootstrapping asset price bubbles
    Gutierrez, Luciano
    ECONOMIC MODELLING, 2011, 28 (06) : 2488 - 2493
12345