The Spirit of Capitalism, Stock Market Bubbles, and Output Fluctuations
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- Takashi Kamihigashi, 2008. "The spirit of capitalism, stock market bubbles and output fluctuations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 4(1), pages 3-28, March.
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More about this item
Keywords
Spirit of capitalism; Stock market bubbles; Output fluctuations; Wealth in utility; Sunspot equilibria;All these keywords.
JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2008-07-20 (Business Economics)
- NEP-DGE-2008-07-20 (Dynamic General Equilibrium)
- NEP-MAC-2008-07-20 (Macroeconomics)
- NEP-UPT-2008-07-20 (Utility Models and Prospect Theory)
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