Financial bubbles and capital accumulation in altruistic economies - Archive ouverte HAL
Article Dans Une Revue Journal of Mathematical Economics Année : 2018

Financial bubbles and capital accumulation in altruistic economies

Résumé

We consider an overlapping generations model a 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. (C) 2018 Elsevier B.V. All rights reserved.
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Dates et versions

hal-02878049 , version 1 (17-11-2023)

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Stefano Bosi, Thai Ha-Huy, Cuong Le Van, Cao-Tung Pham, Ngoc-Sang Pham. Financial bubbles and capital accumulation in altruistic economies. Journal of Mathematical Economics, 2018, 75, pp.125-139. ⟨10.1016/j.jmateco.2018.01.003⟩. ⟨hal-02878049⟩
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