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

DOI10.1016/J.MATHSOCSCI.2015.01.003zbMATH Open1331.91129OpenAlexW2110855562MaRDI QIDQ491295FDOQ491295

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

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Mathematics Subject Classification ID

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

Cites Work

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

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
• Monetary policy for a bubbly world
• How did the Fed react to the 1990s stock market bubble? Evidence from an extended Taylor rule
• 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
• Bounded rationality, monetary policy, and macroeconomic stability
• Rational bubbles and macroeconomic fluctuations: the (de-)stabilizing role of monetary policy
• Title not available (Why is that?)
• 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?

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