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Asset Bubbles, Unemployment, and Financial Market Frictions
Hashimoto, Ken-Ichi - 2020
A tractable model with infinitely lived agents is constructed for the examination of bubbles and unemployment. It is demonstrated that the presence of bubbles stimulates capital accumulation and reduces unemployment. The presence of bubbles also changes the effects of government policies that...
Persistent link: https://www.econbiz.de/10012826419
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Asset bubbles, unemployment, and financial market frictions
Hashimoto, Ken'ichi; Im, Ryonghun; Kunieda, Takuma; … - 2020
Persistent link: https://www.econbiz.de/10012545839
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Asset bubbles, unemployment, and financial market frictions
Hashimoto, Ken'ichi; Im, Ryonghun; Kunieda, Takuma; … - 2020
Persistent link: https://www.econbiz.de/10012656192
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Assets bubbles, unemploymen, and financial market frictions
Hashimoto, Ken'ichi; Im, Ryonghun; Kunieda, Takuma; … - 2020
A tractable model with infinitely lived agents is constructed for the examination of bubbles and unemployment. It is demonstrated that the presence of bubbles stimulates capital accumulation and reduces unemployment. The presence of bubbles also changes the effects of government policies that...
Persistent link: https://www.econbiz.de/10012254416
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Collateral constraints and the current account : theory and evidence
Kunieda, Takuma; Okada, Keisuke; Shibata, Akihisa - In: Economic inquiry : journal of the Western Economic … 54 (2016) 1, pp. 633-651
Persistent link: https://www.econbiz.de/10011576610
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Entrepreneurs, financiers, and boom-bust cycles
Kunieda, Takuma; Shibata, Akihisa - In: Macroeconomic dynamics 21 (2017) 3, pp. 785-816
Persistent link: https://www.econbiz.de/10011686410
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Asset bubbles, economic growth, and a self-fulfilling financial crisis
Kunieda, Takuma; Shibata, Akihisa - In: Journal of monetary economics 82 (2016), pp. 70-84
Persistent link: https://www.econbiz.de/10011709477
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Asset bubbles, unemployment, and financial market frictions
Hashimoto, Ken'ichi; Im, Ryonghun; Kunieda, Takuma; … - In: Economic inquiry 60 (2022) 4, pp. 1806-1832
Persistent link: https://www.econbiz.de/10013392263