Financial bubbles and capital accumulation in altruistic economies

B-Tier
Journal: Journal of Mathematical Economics
Year: 2018
Volume: 75
Issue: C
Pages: 125-139

Authors (5)

Bosi, Stefano (not in RePEc) Ha-Huy, Thai (Université Paris-Saclay) Le Van, Cuong (not in RePEc) Pham, Cao-Tung (not in RePEc) Pham, Ngoc-Sang (École de Management de Normand...)

Score contribution per author:

0.402 = (α=2.01 / 5 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We consider an overlapping generations model à la Diamond (1965) with two additional ingredients: altruism and an asset (or land) bringing non-stationary positive dividends (or fruits). We study the global dynamics of capital stocks and asset values as well as the interplay between them. Asset price bubbles are also investigated.

Technical Details

RePEc Handle
repec:eee:mateco:v:75:y:2018:i:c:p:125-139
Journal Field
Theory
Author Count
5
Added to Database
2026-01-25