SSRNOther
Bubbly Leverage Cycles
The study presents a framework for understanding leverage cycles and asset bubbles in a production economy, indicating that an asset bubble can either promote or impede long-term growth, and can lead to various dynamic equilibria, including endogenous boom-bust cycles.
Featured in No. 16 on 21 Sep 2023 · 2 days after release · 0 citations today
- Released
- 19 Sep 2023
- First featured
- No. 16 · 21 Sep 2023
- Citations (Semantic Scholar)
- 0
- Influential citations
- 0
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 3
- Identifier
- SSRN 4575973
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).