Financial Institution, Asset Bubbles and Economic Performance
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Tomohiro Hirano & Noriyuki Yanagawa, 2010. "Financial Institution, Asset Bubbles and Economic Performance," CIRJE F-Series CIRJE-F-767, CIRJE, Faculty of Economics, University of Tokyo.
References listed on IDEAS
- Caballero, Ricardo J. & Krishnamurthy, Arvind, 2006.
"Bubbles and capital flow volatility: Causes and risk management,"
Journal of Monetary Economics, Elsevier, vol. 53(1), pages 35-53, January.
- Ricardo J. Caballero & Arvind Krishnamurthy, 2005. "Bubbles and Capital Flow Volatility: Causes and Risk Management," NBER Working Papers 11618, National Bureau of Economic Research, Inc.
- Alberto Martin & Jaume Ventura, 2012.
"Economic Growth with Bubbles,"
American Economic Review, American Economic Association, vol. 102(6), pages 3033-3058, October.
- Alberto Martin & Jaume Ventura, 2003. "Economic growth with bubbles," Economics Working Papers 848, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2011.
- Martin, Alberto & Ventura, Jaume, 2010. "Economic Growth with Bubbles," CEPR Discussion Papers 7770, C.E.P.R. Discussion Papers.
- Alberto Martin, 2010. "Economic Growth with Bubbles," 2010 Meeting Papers 788, Society for Economic Dynamics.
- Jaume Ventura & Alberto Martín, 2010. "Economic Growth with Bubbles," Working Papers 445, Barcelona Graduate School of Economics.
- Alberto Martin & Jaume Ventura, 2010. "Economic Growth with Bubbles," NBER Working Papers 15870, National Bureau of Economic Research, Inc.
- Jaume Ventura & Alberto Martín, 2003. "Economic Growth with Bubbles," Working Papers 204, Barcelona Graduate School of Economics.
- Bengt Holmstrom & Jean Tirole, 1997.
"Financial Intermediation, Loanable Funds, and The Real Sector,"
The Quarterly Journal of Economics, Oxford University Press, vol. 112(3), pages 663-691.
- Bengt Holmstrom & Jean Tirole, 1994. "Financial Intermediation, Loanable Funds and the Real Sector," Working papers 95-1, Massachusetts Institute of Technology (MIT), Department of Economics.
- Holmström, Bengt & Tirole, Jean, 1994. "Financial Intermediation, Loanable Funds and the Real Sector," IDEI Working Papers 40, Institut d'Économie Industrielle (IDEI), Toulouse.
- Kocherlakota, Narayana R., 1992.
"Bubbles and constraints on debt accumulation,"
Journal of Economic Theory, Elsevier, vol. 57(1), pages 245-256.
- Kocherlakota, N.R., 1990. "Bubbles and Constraints on Debt Accumulation," Working Papers 90-29, University of Iowa, Department of Economics.
- Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467-467.
- Grossman, Gene M. & Yanagawa, Noriyuki, 1993.
"Asset bubbles and endogenous growth,"
Journal of Monetary Economics, Elsevier, vol. 31(1), pages 3-19, February.
- Grossman, G.M. & Yanagawa, N., 1992. "Asset Bubbles and Endogenous Growth," Papers 160, Princeton, Woodrow Wilson School - Public and International Affairs.
- Noriyuki Yanagawa & Gene M. Grossman, 1992. "Asset Bubbles and Endogenous Growth," NBER Working Papers 4004, National Bureau of Economic Research, Inc.
- King, Ian & Ferguson, Don, 1993. "Dynamic inefficiency, endogenous growth, and Ponzi games," Journal of Monetary Economics, Elsevier, vol. 32(1), pages 79-104, August.
- anonymous, 1998. "Credit unions: What's the fuss?," Financial Update, Federal Reserve Bank of Atlanta, vol. 11(Oct), pages 1-4.
- Kiminori Matsuyama, 2007. "Credit Traps and Credit Cycles," American Economic Review, American Economic Association, vol. 97(1), pages 503-516, March.
- Nobuhiro Kiyotaki, 1998. "Credit and Business Cycles," The Japanese Economic Review, Japanese Economic Association, vol. 49(1), pages 18-35, March.
- Oliver Hart & John Moore, 1994.
"A Theory of Debt Based on the Inalienability of Human Capital,"
The Quarterly Journal of Economics, Oxford University Press, vol. 109(4), pages 841-879.
- Hart, O. & Moore, J., 1991. "A Theory of Debt Based on the Inalienability of Human Capital," Working papers 592, Massachusetts Institute of Technology (MIT), Department of Economics.
- Oliver Hart & John Moore, 1991. "A Theory of Debt Based on the Inalienability of Human Capital," NBER Working Papers 3906, National Bureau of Economic Research, Inc.
- Oliver Hart & John Moore, 1991. "A Theory of Debt Based on the Inalienability of Human Capital," STICERD - Theoretical Economics Paper Series 233, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Pagano, Marco, 1993. "Financial markets and growth: An overview," European Economic Review, Elsevier, vol. 37(2-3), pages 613-622, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tomohiro Hirano & Noriyuki Yanagawa, 2017.
"Asset Bubbles, Endogenous Growth, and Financial Frictions,"
Review of Economic Studies, Oxford University Press, vol. 84(1), pages 406-443.
- Tomohiro Hirano & Noriyuki Yanagawa, 2010. "Asset Bubbles, Endogenous Growth, and Financial Frictions," CARF F-Series CARF-F-223, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, revised Sep 2010.
- Hirano, Tomohiro & Yanagawa, Noriyuki, 2016. "Asset Bubbles, Endogenous Growth, and Financial Frictions," HIT-REFINED Working Paper Series 36, Institute of Economic Research, Hitotsubashi University.
- Hirano, Tomohiro & Yanagawa, Noriyuki, 2016. "Asset Bubbles, Endogenous Growth, and Financial Frictions," HIT-REFINED Working Paper Series 63, Institute of Economic Research, Hitotsubashi University.
- Tomohiro Hirano & Noriyuki Yanagawa, 2010. "Asset Bubbles, Endogenous Growth, and Financial Frictions," CIRJE F-Series CIRJE-F-752, CIRJE, Faculty of Economics, University of Tokyo.
- Hirano, Tomohiro & Yanagawa, Noriyuki, 2010. "Asset Bubbles, Endogenous Growth, and Financial Frictions," MPRA Paper 24085, University Library of Munich, Germany.
- Hirano, Tomohiro & Inaba, Masaru & Yanagawa, Noriyuki, 2015.
"Asset bubbles and bailouts,"
Journal of Monetary Economics, Elsevier, vol. 76(S), pages 71-89.
- Tomohiro Hirano & Masaru Inaba & Noriyuki Yanagawa, 2012. "Asset Bubbles and Bailouts," CARF F-Series CARF-F-268, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
- Tomohiro Hirano & Noriyuki Yanagawa, 2012. "Asset Bubbles and Bailout," CIRJE F-Series CIRJE-F-838, CIRJE, Faculty of Economics, University of Tokyo.
- Tomohiro Hirano & Masaru Inaba & Noriyuki Yanagawa, 2014. "Asset Bubbles and Bailouts," CIGS Working Paper Series 14-001E, The Canon Institute for Global Studies.
- Tomohiro Hirano & Masaru Inaba & Noriyuki Yanagawa, 2015. "Asset Bubbles and Bailouts," CIGS Working Paper Series 15-004E, The Canon Institute for Global Studies.
- Takuma Kunieda & Tarishi Matsuoka & Akihisa Shibata, 2017. "Asset Bubbles, Technology Choice, and Financial Crises," Discussion Paper Series 157, School of Economics, Kwansei Gakuin University, revised Feb 2017.
- Miao, Jianjun, 2014. "Introduction to economic theory of bubbles," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 130-136.
- Jianjun Miao & PENGFEI WANG, 2011.
"Sectoral Bubbles and Endogenous Growth,"
Boston University - Department of Economics - Working Papers Series
WP2011-032, Boston University - Department of Economics.
- Pengfei Wang & Jianjun Miao, 2012. "Sectoral Bubbles and Endogenous Growth," 2012 Meeting Papers 227, Society for Economic Dynamics.
- Alberto Martin & Jaume Ventura, 2018.
"The Macroeconomics of Rational Bubbles: A User's Guide,"
Annual Review of Economics, Annual Reviews, vol. 10(1), pages 505-539, August.
- Alberto Martín & Jaume Ventura, 2017. "The Macroeconomics of Rational Bubbles: A User's Guide," Working Papers 989, Barcelona Graduate School of Economics.
- Alberto Martin & Jaume Ventura, 2017. "The macroeconomics of rational bubbles: a user's guide," Economics Working Papers 1581, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2018.
- Martín, Alberto & Ventura, Jaume, 2018. "The Macroeconomics of Rational Bubbles: A User's Guide," CEPR Discussion Papers 12641, C.E.P.R. Discussion Papers.
- Alberto Martin & Jaume Ventura, 2018. "The Macroeconomics of Rational Bubbles: A User's Guide," NBER Working Papers 24234, National Bureau of Economic Research, Inc.
- Miao, Jianjun & Wang, Pengfei, 2014. "Sectoral bubbles, misallocation, and endogenous growth," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 153-163.
- Alberto Martin & Jaume Ventura, 2011.
"Theoretical Notes on Bubbles and the Current Crisis,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 59(1), pages 6-40, April.
- Martin, Alberto & Ventura, Jaume, 2010. "Theoretical Notes on Bubbles and the Current Crisis," CEPR Discussion Papers 8038, C.E.P.R. Discussion Papers.
- Martin, Alberto & Ventura, Jaume, 2011. "Theoretical notes on bubbles and the current crisis," Working Paper Series 1348, European Central Bank.
- Alberto Martín & Jaume Ventura, 2010. "Theoretical Notes on Bubbles and the Current Crisis," Working Papers 519, Barcelona Graduate School of Economics.
- Alberto Martin & Jaume Ventura, 2010. "Theoretical notes on bubbles and the current crisis," Economics Working Papers 1222, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2011.
- Alberto Martin & Jaume Ventura, 2010. "Theoretical Notes on Bubbles and the Current Crisis," NBER Working Papers 16399, National Bureau of Economic Research, Inc.
- Toan Phan & Andrew Hanson & Siddhartha Biswas, 2018.
"Bubbly Recessions,"
2018 Meeting Papers
440, Society for Economic Dynamics.
- Siddhartha Biswas & Andrew Hanson & Toan Phan, 2018. "Bubbly Recessions," Working Paper 18-5, Federal Reserve Bank of Richmond.
- Bo Zhao, 2015.
"Rational housing bubble,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(1), pages 141-201, September.
- Zhao, Bo, 2012. "Rational Housing Bubble," MPRA Paper 49042, University Library of Munich, Germany.
- Daisuke Ikeda & Toan Phan, 2016.
"Toxic asset bubbles,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 241-271, February.
- Daisuke Ikeda & Toan Phan, 2016. "Toxic asset bubbles," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(2), pages 241-271, February.
- Andrew Graczyk & Toan Phan, 2018. "Regressive Welfare Effects of Housing Bubbles," Working Paper 18-10, Federal Reserve Bank of Richmond.
- Jia, Pengfei & Lim, King Yoong, 2018.
"Tax Policy and Toxic Housing Bubbles in China,"
MPRA Paper
86576, University Library of Munich, Germany.
- King Yoong Lim & Pengfei Jia, 2018. "Tax Policy and Toxic Housing Bubbles in China," NBS Discussion Papers in Economics 2018/03, Economics, Nottingham Business School, Nottingham Trent University.
- Hillebrand, Marten & Kikuchi, Tomoo, 2015.
"A mechanism for booms and busts in housing prices,"
Journal of Economic Dynamics and Control, Elsevier, vol. 51(C), pages 204-217.
- Hillebrand, Marten & Kikuchi, Tomoo, 2012. "A Mechanism for Booms and Busts in Housing Prices," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62042, Verein für Socialpolitik / German Economic Association.
- Hillebrand, Marten & Kikuchi, Tomoo, 2012. "A mechanism for booms and busts in housing prices," Working Paper Series in Economics 40, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
- Kaiji Chen & Yi Wen, 2017.
"The Great Housing Boom of China,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 9(2), pages 73-114, April.
- Kaiji Chen & Yi Wen, 2014. "The great housing boom of China," Working Papers 2014-22, Federal Reserve Bank of St. Louis.
- Kaiji Chen & Yi Wen, 2015. "The great housing boom of China," FRB Atlanta CQER Working Paper 2015-3, Federal Reserve Bank of Atlanta.
- Alberto Martin & Jaume Ventura, 2012.
"Economic Growth with Bubbles,"
American Economic Review, American Economic Association, vol. 102(6), pages 3033-3058, October.
- Jaume Ventura & Alberto Martín, 2003. "Economic Growth with Bubbles," Working Papers 204, Barcelona Graduate School of Economics.
- Alberto Martin & Jaume Ventura, 2010. "Economic Growth with Bubbles," NBER Working Papers 15870, National Bureau of Economic Research, Inc.
- Jaume Ventura & Alberto Martín, 2010. "Economic Growth with Bubbles," Working Papers 445, Barcelona Graduate School of Economics.
- Alberto Martin & Jaume Ventura, 2003. "Economic growth with bubbles," Economics Working Papers 848, Department of Economics and Business, Universitat Pompeu Fabra, revised Sep 2011.
- Martin, Alberto & Ventura, Jaume, 2010. "Economic Growth with Bubbles," CEPR Discussion Papers 7770, C.E.P.R. Discussion Papers.
- Alberto Martin, 2010. "Economic Growth with Bubbles," 2010 Meeting Papers 788, Society for Economic Dynamics.
- Jianjun Miao & PENGFEI WANG, 2011.
"Bubbles and Credit Constraints,"
Boston University - Department of Economics - Working Papers Series
WP2011-031, Boston University - Department of Economics.
- Pengfei Wang & Jianjun Miao, 2011. "Bubbles and Credit Constraints," 2011 Meeting Papers 94, Society for Economic Dynamics.
- Jaume Ventura, 2002.
"Bubbles and capital flows,"
Economics Working Papers
846, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2010.
- Ventura, Jaume, 2002. "Bubbles and Capital Flows," CEPR Discussion Papers 3657, C.E.P.R. Discussion Papers.
- Jaume Ventura, 2002. "Bubbles and Capital Flows," NBER Working Papers 9304, National Bureau of Economic Research, Inc.
- Jaume Ventura, 2004. "Bubbles and capital flows," 2004 Meeting Papers 102, Society for Economic Dynamics.
- Giglio, Stefano & Severo, Tiago, 2012.
"Intangible capital, relative asset shortages and bubbles,"
Journal of Monetary Economics, Elsevier, vol. 59(3), pages 303-317.
- Stefano Giglio & Tiago Severo, 2011. "Intangible Capital, Relative Asset Shortages and Bubbles," IMF Working Papers 2011/271, International Monetary Fund.
- Stefano Giglio & Tiago Severo, 2011. "Intangible Capital, Relative Asset Shortages and Bubbles," Levine's Working Paper Archive 786969000000000121, David K. Levine.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2010-10-30 (Banking)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cfi:fseres:cf234. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: https://edirc.repec.org/data/catokjp.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.