Speculative Growth and the AI "Bubble"
收藏NBER2026-01-01 更新2026-02-07 收录
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https://www.nber.org/papers/w34722
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资源简介：
High valuations of AI-related firms are usually read in binary terms: either they reflect fundamentals or they are a bubble. This paper develops a third possibility: a price bubble can have a permanent real legacy. AI capital expands productive capacity and shifts income toward high-saving capital
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美国国家经济研究局创建时间：
2026-01-01
