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Ascendant altruism and asset price bubbles

Bosi, Stefano; Thai Ha Huy; Pham, Cao-Tung; Pham, Ngoc-Sang - In: International journal of economic theory 18 (2022) 4, pp. 532-551

Persistent link: https://www.econbiz.de/10013472537

Existence of bubbly equilibria in overlapping generations models with stochastic production

Hillebrand, Marten - 2014

The paper develops a dynamical systems approach to study asset bubbles in OLG economies with stochastic production. We …. Even if they exist, bubbles are temporary and the economy converges to a bubbleless equilibrium with probability one. We …

Persistent link: https://www.econbiz.de/10010360342

Culture as a bubble

Cozzi, Guido - In: Journal of political economy 106 (1998) 2, pp. 376-394

Persistent link: https://www.econbiz.de/10001238352

Capital price bubbles and dynamic inefficiency

Sorger, Gerhard - 2018

Persistent link: https://www.econbiz.de/10011799326

On Overlapping Generations Models with Productive Capital

Lang, Günther - 1996

This book examines several unsolved problems in OLG models with productive capital. It extends the well-known Diamond analysis to a model with variable population growth and characterizes dynamically efficient allocations. Then the design of pay-as-you-go pension schemes and government debt to...