Economic growth with bubbles
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Alberto Martin & Jaume Ventura, 2012. "Economic Growth with Bubbles," American Economic Review, American Economic Association, vol. 102(6), pages 3033-3058, October.
- Ventura, Jaume & MartÃn, Alberto, 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.
- Alberto Martin & Jaume Ventura, 2010. "Economic Growth with Bubbles," NBER Working Papers 15870, National Bureau of Economic Research, Inc.
- Jaume Ventura & Alberto Martin, 2015. "Economic Growth with Bubbles," Working Papers 204, Barcelona School of Economics.
References listed on IDEAS
- Ventura, Jaume, 2002.
"Bubbles and Capital Flows,"
CEPR Discussion Papers
3657, C.E.P.R. Discussion Papers.
- Jaume Ventura, 2004. "Bubbles and capital flows," 2004 Meeting Papers 102, Society for Economic Dynamics.
- Jaume Ventura, 2002. "Bubbles and Capital Flows," NBER Working Papers 9304, National Bureau of Economic Research, Inc.
- Jaume Ventura, 2002. "Bubbles and capital flows," Economics Working Papers 846, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2010.
- 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.
- Andrew B. Abel & N. Gregory Mankiw & Lawrence H. Summers & Richard J. Zeckhauser, 1989.
"Assessing Dynamic Efficiency: Theory and Evidence,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 56(1), pages 1-19.
- Andrew Abel & Gregory N. Mankiw & Lawrence H. Summers & Richard Zeckhauser, "undated". "Assessing Dynamic Efficiency: Theory and Evidence," Rodney L. White Center for Financial Research Working Papers 14-88, Wharton School Rodney L. White Center for Financial Research.
- Andrew B. Abel & N. Gregory Mankiw & Lawrence H. Summers & Richard J. Zeckhauser, 1986. "Assessing Dynamic Efficiency: Theory and Evidence," NBER Working Papers 2097, National Bureau of Economic Research, Inc.
- Barro, Robert J, 1974.
"Are Government Bonds Net Wealth?,"
Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
- Barro, Robert J., 1974. "Are Government Bonds Net Wealth?," Scholarly Articles 3451399, Harvard University Department of Economics.
- Gilles Saint-Paul, 1992.
"Fiscal Policy in an Endogenous Growth Model,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(4), pages 1243-1259.
- Saint-Paul, G., 1991. "Fiscal Policy In An Endogenous Growth Model," DELTA Working Papers 91-04, DELTA (Ecole normale supérieure).
- Shell, Karl, 1971. "Notes on the Economics of Infinity," Journal of Political Economy, University of Chicago Press, vol. 79(5), pages 1002-1011, Sept.-Oct.
- Kiyotaki, Nobuhiro & Moore, John, 1997.
"Credit Cycles,"
Journal of Political Economy, University of Chicago Press, vol. 105(2), pages 211-248, April.
- John Moore & Nobuhiro Kiyotaki, "undated". "Credit Cycles," Discussion Papers 1995-5, Edinburgh School of Economics, University of Edinburgh.
- Nobuhiro Kiyotaki & John Moore, 1995. "Credit Cycles," NBER Working Papers 5083, National Bureau of Economic Research, Inc.
- 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(6), pages 467-467.
- Aart Kraay & Jaume Ventura, 2007.
"The Dot-Com Bubble, the Bush Deficits, and the US Current Account,"
NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 457-496,
National Bureau of Economic Research, Inc.
- Jaume Ventura & Aart Kraay, 2005. "The dot-com bubble, the Bush deficits and the US current account," Economics Working Papers 847, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2005.
- Aart Kraay & Jaume Ventura, 2015. "The Dot-Com Bubble, the Busch Deficits and the US Current Account," Working Papers 216, Barcelona School of Economics.
- Ventura, Jaume & Kraay, Aart, 2005. "The Dot-Com Bubble, the Bush Deficits, and the US Current Account," CEPR Discussion Papers 5157, C.E.P.R. Discussion Papers.
- Aart Kraay & Jaume Ventura, 2005. "The Dot-Com Bubble the Bush Deficits, and the U.S. Current Account," NBER Working Papers 11543, National Bureau of Economic Research, Inc.
- Kraay, Aart & Ventura, Jaume, 2005. "The dot-com bubble, the Bush deficits, and the U.S. current account," Policy Research Working Paper Series 3672, The World Bank.
- Ventura, Jaume, 2005.
"A Global View of Economic Growth,"
Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 22, pages 1419-1497,
Elsevier.
- Jaume Ventura, 2005. "A global view of economic growth," Economics Working Papers 849, Department of Economics and Business, Universitat Pompeu Fabra.
- Jaume Ventura, 2005. "A Global View of Economic Growth," NBER Working Papers 11296, National Bureau of Economic Research, Inc.
- Ventura, Jaume, 2005. "Global View of Economic Growth," CEPR Discussion Papers 5059, C.E.P.R. Discussion Papers.
- 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.
- Cass, David & Shell, Karl, 1983. "Do Sunspots Matter?," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 193-227, April.
- Behzad T. Diba & Herschel I. Grossman, 1987. "On the Inception of Rational Bubbles," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 697-700.
- Tirole, Jean, 1985. "Asset Bubbles and Overlapping Generations," Econometrica, Econometric Society, vol. 53(6), pages 1499-1528, November.
- Philippe Weil, 1987.
"Confidence and the Real Value of Money in an Overlapping Generations Economy,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(1), pages 1-22.
- Philippe Weil, 1987. "Confidence and the Real Value of Money in an Overlapping Generation Economy," SciencePo Working papers Main hal-03393234, HAL.
- Philippe Weil, 1987. "Confidence and the Real Value of Money in an Overlapping Generation Economy," Post-Print hal-03393234, HAL.
- Jaume Ventura, 2015. "A Global View of Economic Growth," Working Papers 203, Barcelona School of Economics.
- Azariadis Costas & Smith Bruce D., 1993. "Adverse Selection in the Overlapping Generations Model: The Case of Pure Exchange," Journal of Economic Theory, Elsevier, vol. 60(2), pages 277-305, August.
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.- 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.
- Ventura, Jaume & MartÃn, Alberto, 2010. "Theoretical Notes on Bubbles and the Current Crisis," CEPR Discussion Papers 8038, C.E.P.R. Discussion Papers.
- Jaume Ventura & Alberto Martin, 2015. "Theoretical Notes on Bubbles and the Current Crisis," Working Papers 519, Barcelona School of Economics.
- Martin, Alberto & Ventura, Jaume, 2011. "Theoretical notes on bubbles and the current crisis," Working Paper Series 1348, European Central Bank.
- 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.
- 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.
- Jaume Ventura & Alberto Martín, 2010. "Economic Growth with Bubbles," Working Papers 445, Barcelona 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 Martin, 2015. "Economic Growth with Bubbles," Working Papers 204, Barcelona School of Economics.
- Ventura, Jaume & MartÃn, Alberto, 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.
- 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.
- Jaume Ventura & Alberto Martin, 2017. "The Macroeconomics of Rational Bubbles: A User's Guide," Working Papers 989, Barcelona 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.
- Ventura, Jaume & MartÃn, Alberto, 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, 2014. "Introduction to economic theory of bubbles," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 130-136.
- Masaya Sakuragawa, 2013. "Bubble cycle," Working Papers e055, Tokyo Center for Economic Research.
- Aart Kraay & Jaume Ventura, 2007.
"The Dot-Com Bubble, the Bush Deficits, and the US Current Account,"
NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 457-496,
National Bureau of Economic Research, Inc.
- Jaume Ventura & Aart Kraay, 2005. "The dot-com bubble, the Bush deficits and the US current account," Economics Working Papers 847, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2005.
- Aart Kraay & Jaume Ventura, 2015. "The Dot-Com Bubble, the Busch Deficits and the US Current Account," Working Papers 216, Barcelona School of Economics.
- Aart Kraay & Jaume Ventura, 2005. "The Dot-Com Bubble the Bush Deficits, and the U.S. Current Account," NBER Working Papers 11543, National Bureau of Economic Research, Inc.
- Ventura, Jaume & Kraay, Aart, 2005. "The Dot-Com Bubble, the Bush Deficits, and the US Current Account," CEPR Discussion Papers 5157, C.E.P.R. Discussion Papers.
- Kraay, Aart & Ventura, Jaume, 2005. "The dot-com bubble, the Bush deficits, and the U.S. current account," Policy Research Working Paper Series 3672, The World Bank.
- Michau, Jean-Baptiste & Ono, Yoshiyasu & Schlegl, Matthias, 2023.
"Wealth preference and rational bubbles,"
European Economic Review, Elsevier, vol. 156(C).
- Jean-Baptiste Michau & Yoshiyasu Ono & Matthias Schlegl, 2018. "Wealth Preference and Rational Bubbles," CESifo Working Paper Series 7148, CESifo.
- Jean-Baptiste Michau & Yoshiyasu Ono & Matthias Schlegl, 2018. "Wealth Preference and Rational Bubbles," ISER Discussion Paper 1035, Institute of Social and Economic Research, The University of Osaka.
- Jaume Ventura, 2015. "Bubbles and Capital Flows," Working Papers 446, Barcelona School of Economics.
- 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.
- Graczyk, Andrew & Phan, Toan, 2021.
"Regressive Welfare Effects Of Housing Bubbles,"
Macroeconomic Dynamics, Cambridge University Press, vol. 25(8), pages 2102-2127, December.
- Andrew Graczyk & Toan Phan, 2018. "Regressive Welfare Effects of Housing Bubbles," Working Paper 18-10, Federal Reserve Bank of Richmond.
- Ventura, Jaume, 2012. "Bubbles and capital flows," Journal of Economic Theory, Elsevier, vol. 147(2), pages 738-758.
- Wang, Shengquan & Chen, Langnan & Xiong, Xiong, 2019. "Asset bubbles, banking stability and economic growth," Economic Modelling, Elsevier, vol. 78(C), pages 108-117.
- Hirano, Tomohiro & Yanagawa, Noriyuki, 2010. "Asset Bubbles, Endogenous Growth, and Financial Frictions," MPRA Paper 24085, University Library of Munich, Germany.
- repec:ipg:wpaper:2013-041 is not listed on IDEAS
- Kunieda, Takuma, 2008. "Asset bubbles and borrowing constraints," Journal of Mathematical Economics, Elsevier, vol. 44(2), pages 112-131, January.
- Kunieda, Takuma & Shibata, Akihisa, 2012. "Asset bubbles, economic growth, and a self-fulfilling financial crisis: a dynamic general equilibrium model of infinitely lived heterogeneous agents," MPRA Paper 37309, University Library of Munich, Germany.
- Miao, Jianjun & Wang, Pengfei, 2014. "Sectoral bubbles, misallocation, and endogenous growth," Journal of Mathematical Economics, Elsevier, vol. 53(C), pages 153-163.
- Daisuke Ikeda & Toan Phan, 2013. "Asset Bubbles & Global Imbalances," Working Papers 2013-41, Department of Research, Ipag Business School.
- Daisuke Ikeda & Toan Phan & Timothy Sablik, 2020.
"Asset Bubbles and Global Imbalances,"
Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, vol. 20, pages 1-4, January.
- Daisuke Ikeda & Toan Phan, 2019. "Asset Bubbles and Global Imbalances," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(3), pages 209-251, July.
- Daisuke Ikeda & Toan Phan, 2018. "Asset Bubbles and Global Imbalances," Working Paper 18-7, Federal Reserve Bank of Richmond.
- Hirano, Tomohiro & Toda, Alexis Akira, 2024.
"Bubble economics,"
Journal of Mathematical Economics, Elsevier, vol. 111(C).
- Tomohiro Hirano & Alexis Akira Toda, 2023. "Bubble Economics," Discussion Papers 2322, Centre for Macroeconomics (CFM).
- Hirano, Tomohiro & Toda, Alexis Akira, 2024. "Bubble economics," LSE Research Online Documents on Economics 122042, London School of Economics and Political Science, LSE Library.
- Tomohiro Hirano & Alexis Akira Toda, 2025. "Bubble Economics," CIGS Working Paper Series 25-002E, The Canon Institute for Global Studies.
- Tomohiro Hirano & Alexis Akira Toda, 2023. "Bubble Economics," Papers 2311.03638, arXiv.org, revised Dec 2023.
- Farhi, Emmanuel & Tirole, Jean, 2008.
"Competing Liquidities: Corporate Securities Real Bonds and Bubbles,"
IDEI Working Papers
506, Institut d'Économie Industrielle (IDEI), Toulouse.
- Emmanuel Farhi & Jean Tirole, 2008. "Competing Liquidities: Corporate Securities, Real Bonds and Bubbles," NBER Working Papers 13955, National Bureau of Economic Research, Inc.
More about this item
Keywords
bubbles; dynamic inefficiency; economic growth; financial frictions; pyramid schemes;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DEV-2005-09-29 (Development)
- NEP-FIN-2005-09-29 (Finance)
- NEP-FMK-2005-09-29 (Financial Markets)
- NEP-MAC-2005-09-29 (Macroeconomics)
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:upf:upfgen:848. See general information about how to correct material in RePEc.
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 bibliographic 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge The email address of this maintainer does not seem to be valid anymore. Please ask the person in charge to update the entry or send us the correct address (email available below). General contact details of provider: http://www.econ.upf.edu/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.