limited liability investors contribute to asset price bubbles by increasing liquidity provision and that caps fail to tame … bubbles. Overall, giving investors skin in the game fosters financial stability. …

Qatar. Asset prices bubbles formed then burst creating large loses. They could have moderated the effect of, or avoided, the …

asset pricing in line with rational bubbles. We show that the response of the excessive stock price component to a monetary …

Bubbles are recurrent events, which contribute to both macroeconomic and employment volatility. We introduce stochastic … bubbles in the standard search-and matching model of the labor market. The economy alternates between latent and bubbly states …, each being associated with a distinct solution for the market value of firms (respectively, stable or explosive). Bubbles …