Rational Asset Pricing Bubbles

From MaRDI portal
Revision as of 22:49, 6 February 2024 by Import240129110113 (talk | contribs) (Created automatically from import240129110113)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Publication:4339080


DOI10.7916/D8251G4B 10.2307/2171812; 10.7916/D8251G4BzbMath0876.90023MaRDI QIDQ4339080

Manuel S. Santos, Michael Woodford

Publication date: 4 June 1997

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2171812


91B24: Microeconomic theory (price theory and economic markets)


Related Items

NUMERICAL SIMULATION OF NONOPTIMAL DYNAMIC EQUILIBRIUM MODELS, Incomplete markets and volatility, On fragility of bubbles in equilibrium asset pricing models of Lucas-type, Long-lived collateralized assets and bubbles, Differentiability of the value function in continuous-time economic models, General equilibrium, wariness and efficient bubbles, Internal rationality, imperfect market knowledge and asset prices, Consumption dynamics in general equilibrium: a characterisation when markets are incomplete, Fiat money and the value of binding portfolio constraints, Asset prices, debt constraints and inefficiency, On the positive fundamental value of money with short-sale constraints, Rational asset pricing bubbles and portfolio constraints, Differentiability of the value function without interiority assumptions, Infinite-maturity public debt and the fiscal theory of the price level, Dividend paying assets, the unit root property, and suboptimality, Optimality in stochastic OLG models: theory for tests, Injecting rational bubbles, Asset returns in an endogenous growth model with incomplete markets, Endogenous trading constraints with incomplete asset markets, Learning, rare events, and recurrent market crashes in frictionless economies without intrinsic uncertainty, Nonshiftable capital, affine price expectations and convergence to the golden rule., Non-existence of recursive equilibria on compact state spaces when markets are incomplete., Testable implications of consumption-based asset pricing models with incomplete markets., Rational equilibrium asset-pricing bubbles in continuous trading models, Incomplete markets over an infinite horizon: Long-lived securities and speculative bubbles, On infinite-horizon minimum-cost hedging under cone constraints, Asset price fluctuations without aggregate shocks, Asset bubbles and borrowing constraints, Competitive prices for a stochastic input-output model with infinite time horizon, A remark on the fiscal theory of price determination, Arbitrage Theory with State-Price Deflators, A note on almost sure uniform and complete convergences of a sequence of random variables, A computational view of market efficiency, ASSET PRICE BUBBLES IN INCOMPLETE MARKETS, INCOMPLETE MARKETS IN INFINITE HORIZON: DEBT CONSTRAINTS VERSUS NODE PRICES1