Martin, Alberto, 1974-Ventura, JaumeUniversitat Pompeu Fabra. Departament d'Economia i Empresa2020-05-252020-05-252017-09-01Annual Review of Economics, 10 (1), 2018, 505-539http://hdl.handle.net/10230/33870This paper provides a guide to macroeconomic applications of the theory of rational bubbles. It shows that rational bubbles can be easily incorporated into standard macroeconomic models, and illustrates how they can be used to account for important macroeconomic phenomena. It also discusses the welfare implications of rational bubbles and the role of policy in managing them. Finally, it provides a detailed review of the literature.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative CommonsThe macroeconomics of rational bubbles: a user's guide<resourceType xmlns="http://datacite.org/schema/kernel-3" resourceTypeGeneral="Other">info:eu-repo/semantics/workingPaper</resourceType><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">bubbles</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">credit</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">business cycles</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">economic growth</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">financial frictions</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">pyramid schemes</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">Macroeconomics and International Economics</subject><rights xmlns="http://datacite.org/schema/kernel-3">info:eu-repo/semantics/openAccess</rights>