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Asset Valuation, Liquidity Issues, and Growth Regimes. Financial Markets, the New Economy and Growth, 13th Villa Mondragone International Economic Seminar, CEIS University of Rome 'Tor Vergata', June 25-26 2001

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  • Jean-Paul Fitoussi

    () (OFCE - OFCE - Sciences Po)

  • Jean-Luc Gaffard

    () (OFCE - OFCE - Sciences Po)

Abstract

The 'New Economy' proponents pointing to the recent and exceptional performance of the US economy are talking about a new golden age. This new age of the economy would be the result of a combination between the implementation of new information and communication technologies, a neutral monetary policy and a market-oriented finance mechanism (...).

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  • Jean-Paul Fitoussi & Jean-Luc Gaffard, 2001. "Asset Valuation, Liquidity Issues, and Growth Regimes. Financial Markets, the New Economy and Growth, 13th Villa Mondragone International Economic Seminar, CEIS University of Rome 'Tor Vergata', June ," Post-Print hal-01052982, HAL.
  • Handle: RePEc:hal:journl:hal-01052982 Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-01052982
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    References listed on IDEAS

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    1. Stephen D. Oliner & Daniel E. Sichel, 2000. "The Resurgence of Growth in the Late 1990s: Is Information Technology the Story?," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 3-22, Fall.
    2. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June.
    3. Jean-Paul Fitoussi & David Jestaz & Edmund S. Phelps & Gylfi Zoega, 2000. "Roots of the Recent Recoveries: Labor Reforms or Private Sector Forces?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(1), pages 237-311.
    4. Hicks, John, 2017. "A Market Theory of Money," OUP Catalogue, Oxford University Press, number 9780198796237.
    5. Hicks, John, 1977. "Economic Perspectives: Further Essays on Money and Growth," OUP Catalogue, Oxford University Press, number 9780198284079.
    6. Paul R. Krugman, 1998. "It's Baaack: Japan's Slump and the Return of the Liquidity Trap," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(2), pages 137-206.
    7. Amendola, Mario & Gaffard, Jean-Luc, 1998. "Out of Equilibrium," OUP Catalogue, Oxford University Press, number 9780198293804.
    8. Christina D. Romer, 1999. "Changes in Business Cycles: Evidence and Explanations," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 23-44, Spring.
    9. repec:spo:wpecon:info:hdl:2441/5571 is not listed on IDEAS
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