Paper #1301
- Title:
- Understanding bubbly episodes
- Authors:
- Vasco Carvalho, Alberto Martin and Jaume Ventura
- Date:
- January 2012
- Keywords:
- bubbles, dynamic inefficiency, economic growth, financial frictions, pyramid schemes
- JEL codes:
- E32, E44, O40
- Area of Research:
- Macroeconomics and International Economics
- Published in:
- American Economic Review, Papers and Proceeedings, 102 (3), 95-100, 2012
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