collaborators

1 paper

q-fin.CP2025

To Bubble or Not to Bubble: Asset Price Dynamics and Optimality in OLG Economies

Stefano Bosi, Cuong Le Van, Ngoc-Sang Pham

We study an overlapping generations (OLG) exchange economy with an asset that yields dividends. First, we derive general conditions, based on exogenous parameters, that give rise t…