Rational bubbles and macroeconomic fluctuations: the (de-)stabilizing role of monetary policy

DOI10.1016/J.MATHSOCSCI.2015.01.003MaRDI QIDQ491295zbMATH OpenOpenAlexFDO

Authors Lise Clain-Chamosset-Yvrard, Thomas Seegmuller

Publication date 24 August 2015

Published in Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL http://www.amse-aixmarseille.fr/sites/default/files/_dt/2012/wp_2012_-_nr_07_1.pdf

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Recommendations

• Rational bubbles and expectation-driven fluctuations
• On rational exuberance
• Monetary policy for a bubbly world
• Monetary policy and asset prices with belief-driven fluctuations
• Do credit market imperfections justify a central bank's response to asset price fluctuations?

Cites work

• Asset Bubbles and Overlapping Generations
• Bubbles and constraints on debt accumulation
• Bubbly Liquidity
• CASH-IN-ADVANCE CONSTRAINTS, BUBBLES, AND MONETARY POLICY
• Capital-labor substitution and competitive nonlinear endogenous business cycles
• Debt, liquidity and dynamics
• Injecting rational bubbles
• Money and Interest in a Cash-in-Advance Economy
• Multiple steady states and endogenous fluctuations with increasing returns to scale in production
• On Endogenous Competitive Business Cycles
• On rational exuberance
• On the Possibility of Speculation under Rational Expectations
• Optimism, pessimism and financial bubbles
• Rational bubbles and expectation-driven fluctuations
• Rational bubbles and macroeconomic fluctuations: the (de-)stabilizing role of monetary policy
• Stabilizing competitive business cycles
• Temporary bubbles.
• The Present-Value Relation: Tests Based on Implied Variance Bounds
• The perils of Taylor rules

Cited in

(19)

• Rational housing demand bubble
• Asset bubbles and inflation as competing monetary phenomena
• Rational bubbles and expectation-driven fluctuations
• Soft landing in a Markov-switching economy
• How did the Fed react to the 1990s stock market bubble? Evidence from an extended Taylor rule
• Monetary policy for a bubbly world
• The impact of monetary policy on stock market bubbles and trading behavior: evidence from the lab
• Do credit market imperfections justify a central bank's response to asset price fluctuations?
• Monetary policy and asset price bubbles: a laboratory experiment
• Monetary policy and asset prices with belief-driven fluctuations
• Rational bubbles and macroeconomic fluctuations: the (de-)stabilizing role of monetary policy
• Bounded rationality, monetary policy, and macroeconomic stability
• scientific article; zbMATH DE number 1487833 (Why is no real title available?)
• Editorial: Introduction to international financial markets and banking systems crises
• On rational exuberance
• Can we still lean against the wind? Asset price volatility and optimal policy mix in an overlapping generations model
• Bubble on real estate: the role of altruism and fiscal policy
• Bubble economics
• Taylor and fiscal rules: when do they stabilize the economy?

This page was built for publication: Rational bubbles and macroeconomic fluctuations: the (de-)stabilizing role of monetary policy

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q491295)