Asset Bubbles and Endogenous Growth
收藏NBER1992-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4004
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资源简介：
We study the interaction between productive and nonproductive savings in an economy that grows in the long run due to endogenous improvements in labor productivity. As in the neoclassical growth setting with overlapping generations studied by Tirole (1985), asset bubbles can exist in an economy with
提供机构：
美国国家经济研究局
创建时间：
1992-02-01
