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Now Reading: Unbalanced growth and land overvaluation

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Unbalanced growth and land overvaluation

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U.S.//Discover the latest updates from across the United States, including politics, culture, economy, and trending stories. Stay informed on the key events shaping the nation and the topics everyone’s talking about.
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Opinion//Transform your living spaces with inspiration, tips, and trends in interior design. From minimalist decor to bold statements, find ideas for every style and budget.
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Lifestyle//Explore stories and advice on living your best life. From personal growth to entertainment, dive into the latest in lifestyle trends and inspiration.
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Unbalanced growth and land overvaluation

IO_AdminUncategorized1 month ago23 Views

Proceedings of the National Academy of Sciences, Volume 122, Issue 14, April 2025.
SignificanceAn asset overvaluation (asset price bubble) emerges when the asset price exceeds its fundamental value defined by the present value of future dividends. Modern macrofinance theory has shown fundamental difficulties for attaching bubbles to …
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