Showing 1 - 10 of 540,752
Persistent link: https://www.econbiz.de/10001252240
Persistent link: https://www.econbiz.de/10009784160
Persistent link: https://www.econbiz.de/10011339771
Persistent link: https://www.econbiz.de/10012814053
This paper develops a general equilibrium model to examine the quantitative effects of speculative bubbles on capital … technology, investment and consumption booms, and faster trend growth, reminiscent of the U.S. economy during the late 1920s and … late 1990s. The welfare cost of speculative bubbles depends crucially on parameter values. Bubbles can improve welfare if …
Persistent link: https://www.econbiz.de/10013087553
Persistent link: https://www.econbiz.de/10000970530
Persistent link: https://www.econbiz.de/10001048903
Persistent link: https://www.econbiz.de/10001082510
Persistent link: https://www.econbiz.de/10011552305
speculative bubbles and/or noise trading behavior. Our empirical findings for the US stock market covering the 1871:1 - 2000 …
Persistent link: https://www.econbiz.de/10010503717