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Volumn 22, Issue 6, 1998, Pages 937-954

A simple discrete-time approximation of continuous-time bubbles

Author keywords

Deterministic and stochastic bubbles; Fundamentals dependent bubbles; Incompletely bursting bubbles; Intrinsic bubbles; Periodically collapsing bubbles

Indexed keywords


EID: 0032087213     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0165-1889(97)00086-9     Document Type: Article
Times cited : (6)

References (13)
  • 1
    • 38949166334 scopus 로고
    • Speculative bubbles, crashes and rational expectations
    • Blanchard, O.J., 1979, Speculative bubbles, crashes and rational expectations, Economics Letters 3, 387-389.
    • (1979) Economics Letters , vol.3 , pp. 387-389
    • Blanchard, O.J.1
  • 3
    • 0001866008 scopus 로고
    • Bubbles, rational expectations, and financial markets
    • P. Wachtel, Ed., (Lexington Books, Lexington)
    • Blanchard, O.J. and M.W. Watson, 1982, Bubbles, rational expectations, and financial markets. In: P. Wachtel, Ed., Crises in the Economic and Financial Structure (Lexington Books, Lexington) 295-315.
    • (1982) Crises in the Economic and Financial Structure , pp. 295-315
    • Blanchard, O.J.1    Watson, M.W.2
  • 4
    • 84936220056 scopus 로고
    • Cointegration and tests of present value models
    • Campbell, J.Y. and R.J. Shiller, 1987, Cointegration and tests of present value models, Journal of Political Economy 95, 1062-1088.
    • (1987) Journal of Political Economy , vol.95 , pp. 1062-1088
    • Campbell, J.Y.1    Shiller, R.J.2
  • 5
    • 0000754766 scopus 로고
    • Explosive rational bubbles in stock prices?
    • Diba, B.T. and H.I. Grossman, 1988a, Explosive rational bubbles in stock prices?, American Economic Review 78, 520-530.
    • (1988) American Economic Review , vol.78 , pp. 520-530
    • Diba, B.T.1    Grossman, H.I.2
  • 6
    • 84936067423 scopus 로고
    • The theory of rational bubbles in stock prices
    • Diba, B.T. and H.I. Grossman, 1988b, The theory of rational bubbles in stock prices, Economic Journal 98, 746-754.
    • (1988) Economic Journal , vol.98 , pp. 746-754
    • Diba, B.T.1    Grossman, H.I.2
  • 7
    • 0000945847 scopus 로고
    • Pitfalls in testing for explosive bubbles in asset prices
    • Evans, G.W., 1991, Pitfalls in testing for explosive bubbles in asset prices, American Economic Review 81, 922-930.
    • (1991) American Economic Review , vol.81 , pp. 922-930
    • Evans, G.W.1
  • 10
    • 0000738539 scopus 로고
    • Intrinsic bubbles: The case of stock prices
    • Froot, K.A. and M. Obstfeld, 1991, Intrinsic bubbles: the case of stock prices. American Economic Review 81, 1189-1214.
    • (1991) American Economic Review , vol.81 , pp. 1189-1214
    • Froot, K.A.1    Obstfeld, M.2
  • 11
    • 38249010847 scopus 로고
    • Fundamentals-dependent bubbles in stock prices
    • Ikeda, S. and A. Shibata, 1992, Fundamentals-dependent bubbles in stock prices, Journal of Monetary Economics 30, 143-168.
    • (1992) Journal of Monetary Economics , vol.30 , pp. 143-168
    • Ikeda, S.1    Shibata, A.2
  • 12
    • 0000026641 scopus 로고
    • Fundamentals uncertainty, bubbles, and exchange rate dynamics
    • Ikeda, S. and A. Shibata, 1995, Fundamentals uncertainty, bubbles, and exchange rate dynamics, Journal of International Economics 38, 199-222.
    • (1995) Journal of International Economics , vol.38 , pp. 199-222
    • Ikeda, S.1    Shibata, A.2
  • 13
    • 0000893807 scopus 로고
    • Do stock prices move too much to be justified by subsequent changes in dividends?
    • Shiller, R.J., 1981. Do stock prices move too much to be justified by subsequent changes in dividends?, American Economic Review 71, 421-436.
    • (1981) American Economic Review , vol.71 , pp. 421-436
    • Shiller, R.J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.