Necessity of Rational Asset Price Bubbles in Two Sector Growth Economies
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More about this item
Keywords
bubble; endogenous growth; leverage; phase transition; transversality condition. JEL codes: D52; D53; G12.;All these keywords.
JEL classification:
- D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GRO-2023-02-13 (Economic Growth)
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