摘要
理性泡沫是一种在经济达到均衡状态时能够稳定存在的泡沫。本文重新讨论了理性泡沫的存在条件,与Tirole(1985)的结论有所不同。本文认为在经济动态有效的情况下,泡沫是仍然可以存在的。泡沫的出现对技术创新有一定影响,表现在对劳动型技术创新有促进作用,但是对于资本性技术创新则起到了消极的作用。
Rational bubbles are those steadily existent inbalanced economic status. This paper is a study of conditionsunder which rational bubbles survive. In contrast to conclusionof Tirole, the author believes that bubbles stay on witheffective economic development. The appearance of bubblesaffects technical innovation in various ways, positive tolabour-intense technical innovation and negative to capital-intense technical innovation.
出处
《证券市场导报》
北大核心
2005年第2期59-64,共6页
Securities Market Herald
