Rational Asset Price Bubbles
收藏NBER1983-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1059
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资源简介:
The solution to a linear model in which supply and/or demand depends on rational expectations of future prices can involve three parts, which we denote as the fundamental component, the deterministic bubble component, and the stochastic bubble component. This paper explores the properties of these
提供机构:
美国国家经济研究局
创建时间:
1983-01-01



