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Dynamic inefficiency, endogenous growth, and Ponzi games

King, Ian Paul - In: Journal of monetary economics 32 (1993) 1, pp. 79-104

Persistent link: https://www.econbiz.de/10001154798

Sohn, H. - 2018

We propose an extension of the class of rational expectations bubbles (REBs) to the more general rational beliefs … beliefs can thus account for speculative bubbles, without the need for irrational agents or limits to arbitrage. Many of the … shortcomings of REBs that make rational bubbles implausible can be overcome once we relax the ergodicity requirement. In particular …

Persistent link: https://www.econbiz.de/10012919580

Rational belief bubbles

Sohn, Hyun-U - 2017

Persistent link: https://www.econbiz.de/10012520168

Anticipation and the time-consistency of fiscal policy

Lang, Günther - 1993

Persistent link: https://www.econbiz.de/10000883315

Dynamic games of intertemporal economic transfers without altruism

Tiffany, Frederick Glenn - 1988

Persistent link: https://www.econbiz.de/10000819003

Trade retaliation in a monetary-trade model

Whalley, John; Yu, Jun; Zhang, Shunming - 2009

We explore how outcomes of trade policy retaliation (Nash tariff games) are affected when trade simultaneously takes places geographically across countries and through time via financial intermediation. In such models deficits and surpluses in goods trade are endogenously determined, and...

Persistent link: https://www.econbiz.de/10003806727