Explores the extent to which prices of assets represent fundamental economic values. Development of a bubble economy; Link of rate of interest and rate of growth
The subject of this conference is an esoteric issue in rational expectations, general equilibrium mo...
While many economists define a bubble as a deviation from stock market fundamentals, Charles Kindl...
This paper presents an equity market where the value of a new technology is infrequently observable ...
We construct asset markets that are similar to those studied by Smith, Suchanek and Williams (Econom...
Asset price bubbles represent unjustified prices of assets that are being constantly fed by buyers' ...
The article presents a new approach to the solution to the paradox of value based on the theory of m...
Economists use the term "bubble" to describe an asset price that has risen above the level justified...
We develop a model of rational bubbles, based on the assumptions of an unknown potential market size...
The subject of this conference is an esoteric issue in rational expectations, general equilibrium mo...
Why are asset prices so much more volatile and so often detached from their fundamentals? Why does t...
It is often argued that a rational bubble, because it is positive, must increase the price of a stoc...
The author summarizes what economic theory tells us about when asset price bubbles can occur and wha...
One can define a bubble as a persistent increase in the price of an asset over and above its fundame...
It is often argued that a rational bubble, because it is positive, must increase the price of a stoc...
This paper discusses the existence of a bubble in the pricing of an asset that pays positive dividen...
The subject of this conference is an esoteric issue in rational expectations, general equilibrium mo...
While many economists define a bubble as a deviation from stock market fundamentals, Charles Kindl...
This paper presents an equity market where the value of a new technology is infrequently observable ...
We construct asset markets that are similar to those studied by Smith, Suchanek and Williams (Econom...
Asset price bubbles represent unjustified prices of assets that are being constantly fed by buyers' ...
The article presents a new approach to the solution to the paradox of value based on the theory of m...
Economists use the term "bubble" to describe an asset price that has risen above the level justified...
We develop a model of rational bubbles, based on the assumptions of an unknown potential market size...
The subject of this conference is an esoteric issue in rational expectations, general equilibrium mo...
Why are asset prices so much more volatile and so often detached from their fundamentals? Why does t...
It is often argued that a rational bubble, because it is positive, must increase the price of a stoc...
The author summarizes what economic theory tells us about when asset price bubbles can occur and wha...
One can define a bubble as a persistent increase in the price of an asset over and above its fundame...
It is often argued that a rational bubble, because it is positive, must increase the price of a stoc...
This paper discusses the existence of a bubble in the pricing of an asset that pays positive dividen...
The subject of this conference is an esoteric issue in rational expectations, general equilibrium mo...
While many economists define a bubble as a deviation from stock market fundamentals, Charles Kindl...
This paper presents an equity market where the value of a new technology is infrequently observable ...