A simple optimality-based no-bubble theorem for deterministic sequential economies with strictly monotone preferences
From MaRDI portal
Publication:1650269
DOI10.1016/j.mathsocsci.2017.10.006zbMath1396.91489OpenAlexW2561347358MaRDI QIDQ1650269
Publication date: 3 July 2018
Published in: Mathematical Social Sciences (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.mathsocsci.2017.10.006
Cites Work
- Rational asset pricing bubbles and debt constraints
- Recursive utility and the Ramsey problem
- The value of money in a dynamic equilibrium model
- Necessity of the transversality condition for stochastic models with bounded or CRRA utility
- On the Ramsey equilibrium with heterogeneous consumers and endogenous labor supply
- Uniqueness of asset prices in an exchange economy with unbounded utility
- Bubbles and constraints on debt accumulation
- Cass transversality condition and sequential asset bubbles
- Necessity of transversality conditions for stochastic problems.
- Market structure and competitive equilibrium in dynamic economic models
- A simple proof of the necessity of the transversality condition
- Asset price bubbles in Arrow-Debreu and sequential equilibrium
- On existence and bubbles of Ramsey equilibrium with borrowing constraints
- Status Seeking and Bubbles
- Optimal Growth Without Discounting
- Asset Prices in an Exchange Economy
- Rational Asset Pricing Bubbles
- Necessity of Transversality Conditions for Infinite Horizon Problems
- The Consumption-Based Capital Asset Pricing Model
- Equilibrium in dynamic models with an infinity of agents
- On fragility of bubbles in equilibrium asset pricing models of Lucas-type
This page was built for publication: A simple optimality-based no-bubble theorem for deterministic sequential economies with strictly monotone preferences