Federal Reserve Bank of Minneapolis: Report Explores Mechanisms Behind Asset Price Bubbles in 'A Stochastic Bubble Forest'
July 23, 2025
July 23, 2025
MINNEAPOLIS, Minnesota, July 23 (TNSLrpt) -- The Federal Reserve Bank of Minneapolis has issued a report titled 'A Stochastic Bubble Forest,' authored by Amol Amol and Erzo G.J. Luttmer, investigating how multiple types of asset price bubbles can arise and persist in an economy with overlapping generations. Published on June 26, 2025, the study sheds light on the conditions that lead to the emergence of so-called "bubble forests," distinct from single asset bubbles typically . . .