Asset Bubbles in an Overlapping Generations Model with Endogenous Labor Supply

Lisi Shi and Richard M. H. Suen

MPRA Paper from University Library of Munich, Germany

Abstract: This paper examines the effects of asset bubbles in an overlapping generations model with endogenous labor supply. We derive a set of conditions under which asset bubbles will lead to an expansion in steady-state capital, investment, employment and output. We also provide a specific numerical example to illustrate these results.

Keywords: Asset Bubbles; Overlapping Generations; Endogenous Labor. (search for similar items in EconPapers)
JEL-codes: E22 E44 (search for similar items in EconPapers)
Date: 2013-08-04
New Economics Papers: this item is included in nep-dge, nep-fdg and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/48835/1/MPRA_paper_48835.pdf original version (application/pdf)

Related works:
Journal Article: Asset bubbles in an overlapping generations model with endogenous labor supply (2014)
Working Paper: Asset Bubbles in an Overlapping Generations Model with Endogenous Labor Supply (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:48835

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().