6 décembre 2021
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1111/ijet.12330
info:eu-repo/semantics/OpenAccess
Stefano Bosi et al., « Ascendant altruism and asset price bubbles », HAL SHS (Sciences de l’Homme et de la Société), ID : 10.1111/ijet.12330
We consider an overlapping generations economy with altruism towards parents and a long-lived asset that delivers no dividends (pure bubble asset). We explore the role of ascendant altruism on the dynamics properties of equilibrium and rational bubbles in the cases of exogenous and endogenous growths.