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Replication data for: Asset Bubbles and Global Imbalances

Version
1
Resource Type
Dataset
Creator
  • Ikeda, Daisuke
  • Phan, Toan
Publication Date
2019-07-01
Description
  • Abstract

    We analyze the relationships between bubbles, capital flows, and economic activities in a rational bubble model with two large open economies. We establish a reinforcing relationship between global imbalances and bubbles. Capital flows from South to North facilitate the emergence and the size of bubbles in the North. Bubbles in the north in turn facilitate South-to-North capital flows. The model can simultaneously explain several stylized features of recent bubble episodes.
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/mac.20140286 (Text)
Publications
  • Ikeda, Daisuke, and Toan Phan. “Asset Bubbles and Global Imbalances.” American Economic Journal: Macroeconomics 11, no. 3 (July 2019): 209–51. https://doi.org/10.1257/mac.20140286.
    • ID: 10.1257/mac.20140286 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07

Ikeda, Daisuke; Phan, Toan (2019): Replication data for: Asset Bubbles and Global Imbalances. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E116399V1