, abnormally high asset prices can be caused by financial bubbles. In this model, bubbles can emerge and deflate both in cycles or … rate. This can lead to new stable equilibria, but the emergence and bursting of bubbles cannot be prevented. …

intangible asset securitization on bank stock price bubbles, based on the banks’ preference for issuing asset securitization. The … empirical findings show that tangible asset securitization suppresses the emergence of bank stock price bubbles by improving … bank liquidity, exacerbating stock price bubbles. Furthermore, the results of configuration research found interactions …