التفاصيل البيبلوغرافية
| العنوان: |
Money Is the Root of Asset Bubbles |
| المؤلفون: |
Awaya, Yu, Iwasaki, Kohei, Watanabe, Makoto |
| بيانات النشر: |
Center for Economic Studies and ifo Institute (CESifo) |
| سنة النشر: |
2024 |
| المجموعة: |
EconStor (German National Library of Economics, ZBW) |
| مصطلحات موضوعية: |
ddc:330, D82, D83, D84, E44, E52, G12, G14, bubbles, dealers, higher-order uncertainty, money |
| الوصف: |
This paper examines how monetary expansion causes asset bubbles. When there is no monetary expansion, a bubbly asset is not created due to a hold-up problem. Monetary expansion increases buyers' money holdings, and then, dealers are willing to buy a worthless asset from sellers, in hopes of selling it to buyers who may not know that it is worthless—a bubble now occurs. |
| نوع الوثيقة: |
report |
| اللغة: |
English |
| العلاقة: |
Series: CESifo Working Paper; No. 10923; gbv-ppn:1880360470; https://hdl.handle.net/10419/296012Test; RePec:ces:ceswps:_10923 |
| الإتاحة: |
https://hdl.handle.net/10419/296012Test |
| حقوق: |
https://www.econstor.eu/dspace/NutzungsbedingungenTest |
| رقم الانضمام: |
edsbas.E47D7DDD |
| قاعدة البيانات: |
BASE |
