The macroeconomics of rational bubbles: a user's guide

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dc.contributor	Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.contributor.author	Martin, Alberto, 1974-
dc.contributor.author	Ventura, Jaume
dc.date	2017-09-01
dc.identifier.citation	https://econ-papers.upf.edu/ca/paper.php?id=1581
dc.identifier.citation	_
dc.identifier.uri	http://hdl.handle.net/10230/33870
dc.format	application/pdf
dc.language.iso	eng
dc.relation	Economics and Business Working Papers Series; 1581
dc.rights	L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights	info:eu-repo/semantics/openAccess
dc.rights	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject	bubbles
dc.subject	credit
dc.subject	business cycles
dc.subject	economic growth
dc.subject	financial frictions
dc.subject	pyramid schemes
dc.subject	Macroeconomics and International Economics
dc.title	The macroeconomics of rational bubbles: a user's guide
dc.title	_
dc.type	info:eu-repo/semantics/workingPaper
dc.description.abstract	This paper provides a guide to macroeconomic applications of the theory of rational bubbles. It shows that rational bubbles can be easily incorporated into standard macroeconomic models, and illustrates how they can be used to account for important macroeconomic phenomena. It also discusses the welfare implications of rational bubbles and the role of policy in managing them. Finally, it provides a detailed review of the literature.

Martin, Alberto, 1974-; Ventura, Jaume

Carvalho, Vasco M.; Martin, Alberto, 1974-; Ventura, Jaume

Martin, Alberto, 1974-; Ventura, Jaume

Martin, Alberto, 1974-; Ventura, Jaume

Martin, Alberto, 1974-; Ventura, Jaume

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