Matches in SemOpenAlex for { <https://semopenalex.org/work/W4211122295> ?p ?o ?g. }
- W4211122295 endingPage "31" @default.
- W4211122295 startingPage "1" @default.
- W4211122295 abstract "The aim of this paper is to study the role of the distribution of income by age group on the existence of speculative bubbles. A crucial question is whether this distribution may promote a bubble associated to a larger level of capital, that is a productive bubble. We address these issues in an overlapping generations model where agents live three periods and productive investment done in the first period of life is an illiquid investment whose return occurs in the following two periods. A bubble is a liquid speculative investment that facilitates intertemporal consumption smoothing. We show that the distribution of income by age group determines both the existence and the effect of bubbles on aggregate production. We also show that fiscal policy, by changing the distribution of income, may facilitate or prevent the existence of bubbles and may also modify the effect that bubbles have on aggregate production." @default.
- W4211122295 created "2022-02-13" @default.
- W4211122295 creator A5006987529 @default.
- W4211122295 creator A5010746566 @default.
- W4211122295 date "2020-10-13" @default.
- W4211122295 modified "2023-10-17" @default.
- W4211122295 title "INCOME DISTRIBUTION BY AGE GROUP AND PRODUCTIVE BUBBLES" @default.
- W4211122295 cites W1975997787 @default.
- W4211122295 cites W1979391829 @default.
- W4211122295 cites W1985675075 @default.
- W4211122295 cites W2003180600 @default.
- W4211122295 cites W2065273716 @default.
- W4211122295 cites W2091784747 @default.
- W4211122295 cites W2110150468 @default.
- W4211122295 cites W2137503209 @default.
- W4211122295 cites W2276156910 @default.
- W4211122295 cites W2339379391 @default.
- W4211122295 cites W2889506530 @default.
- W4211122295 cites W2921664541 @default.
- W4211122295 cites W3121683430 @default.
- W4211122295 cites W3123676081 @default.
- W4211122295 cites W3123720468 @default.
- W4211122295 cites W3125353795 @default.
- W4211122295 cites W3125367981 @default.
- W4211122295 cites W3125770380 @default.
- W4211122295 cites W4241177581 @default.
- W4211122295 cites W4252127857 @default.
- W4211122295 doi "https://doi.org/10.1017/s1365100520000371" @default.
- W4211122295 hasPublicationYear "2020" @default.
- W4211122295 type Work @default.
- W4211122295 citedByCount "0" @default.
- W4211122295 crossrefType "journal-article" @default.
- W4211122295 hasAuthorship W4211122295A5006987529 @default.
- W4211122295 hasAuthorship W4211122295A5010746566 @default.
- W4211122295 hasBestOaLocation W42111222953 @default.
- W4211122295 hasConcept C110121322 @default.
- W4211122295 hasConcept C121332964 @default.
- W4211122295 hasConcept C134306372 @default.
- W4211122295 hasConcept C144024400 @default.
- W4211122295 hasConcept C145236788 @default.
- W4211122295 hasConcept C149782125 @default.
- W4211122295 hasConcept C157915830 @default.
- W4211122295 hasConcept C159985019 @default.
- W4211122295 hasConcept C162324750 @default.
- W4211122295 hasConcept C166957645 @default.
- W4211122295 hasConcept C175444787 @default.
- W4211122295 hasConcept C17744445 @default.
- W4211122295 hasConcept C192562407 @default.
- W4211122295 hasConcept C199539241 @default.
- W4211122295 hasConcept C27548731 @default.
- W4211122295 hasConcept C2778348673 @default.
- W4211122295 hasConcept C30772137 @default.
- W4211122295 hasConcept C33923547 @default.
- W4211122295 hasConcept C36289849 @default.
- W4211122295 hasConcept C4249254 @default.
- W4211122295 hasConcept C45555294 @default.
- W4211122295 hasConcept C4679612 @default.
- W4211122295 hasConcept C519300510 @default.
- W4211122295 hasConcept C556758197 @default.
- W4211122295 hasConcept C57879066 @default.
- W4211122295 hasConcept C7386506 @default.
- W4211122295 hasConcept C83646750 @default.
- W4211122295 hasConcept C94625758 @default.
- W4211122295 hasConcept C95457728 @default.
- W4211122295 hasConceptScore W4211122295C110121322 @default.
- W4211122295 hasConceptScore W4211122295C121332964 @default.
- W4211122295 hasConceptScore W4211122295C134306372 @default.
- W4211122295 hasConceptScore W4211122295C144024400 @default.
- W4211122295 hasConceptScore W4211122295C145236788 @default.
- W4211122295 hasConceptScore W4211122295C149782125 @default.
- W4211122295 hasConceptScore W4211122295C157915830 @default.
- W4211122295 hasConceptScore W4211122295C159985019 @default.
- W4211122295 hasConceptScore W4211122295C162324750 @default.
- W4211122295 hasConceptScore W4211122295C166957645 @default.
- W4211122295 hasConceptScore W4211122295C175444787 @default.
- W4211122295 hasConceptScore W4211122295C17744445 @default.
- W4211122295 hasConceptScore W4211122295C192562407 @default.
- W4211122295 hasConceptScore W4211122295C199539241 @default.
- W4211122295 hasConceptScore W4211122295C27548731 @default.
- W4211122295 hasConceptScore W4211122295C2778348673 @default.
- W4211122295 hasConceptScore W4211122295C30772137 @default.
- W4211122295 hasConceptScore W4211122295C33923547 @default.
- W4211122295 hasConceptScore W4211122295C36289849 @default.
- W4211122295 hasConceptScore W4211122295C4249254 @default.
- W4211122295 hasConceptScore W4211122295C45555294 @default.
- W4211122295 hasConceptScore W4211122295C4679612 @default.
- W4211122295 hasConceptScore W4211122295C519300510 @default.
- W4211122295 hasConceptScore W4211122295C556758197 @default.
- W4211122295 hasConceptScore W4211122295C57879066 @default.
- W4211122295 hasConceptScore W4211122295C7386506 @default.
- W4211122295 hasConceptScore W4211122295C83646750 @default.
- W4211122295 hasConceptScore W4211122295C94625758 @default.
- W4211122295 hasConceptScore W4211122295C95457728 @default.
- W4211122295 hasLocation W42111222951 @default.
- W4211122295 hasLocation W42111222952 @default.
- W4211122295 hasLocation W42111222953 @default.
- W4211122295 hasLocation W42111222954 @default.
- W4211122295 hasLocation W42111222955 @default.