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Title:Asset bubbles and product market competition Author(s):QUEIRÓS, Francisco Vitorino
Date:2019Type:Working PaperSeries/Number:EUI MWP; 2019/04Abstract:This paper studies the interactions between rational bubbles and product market competition. It offers two main insights. The first is that, by providing an entry or production subsidy, asset bubbles may reduce entry ...
Date:2019Type:Working PaperSeries/Number:EUI MWP; 2019/04Abstract:This paper studies the interactions between rational bubbles and product market competition. It offers two main insights. The first is that, by providing an entry or production subsidy, asset bubbles may reduce entry ...