A Short Note on the Size of the Dot-Com Bubble /

A surprisingly large amount of commentary today marks the beginning of the dot-com bubble of the late 1990s from either the Netscape Communications initial public offering of 1995 or Alan Greenspan's "irrational exuberance" speech of 1996. We believe that this is wrong: we see little...

Ausführliche Beschreibung

Gespeichert in:
1. Verfasser:
DeLong, J. Bradford
Körperschaft:
National Bureau of Economic Research
Weitere Verfasser:
Magin, Konstantin
Format:
Elektronisch E-Book
Sprache:
Englisch
Veröffentlicht:
Cambridge, Mass. National Bureau of Economic Research 2006.
Zusammenfassung:
A surprisingly large amount of commentary today marks the beginning of the dot-com bubble of the late 1990s from either the Netscape Communications initial public offering of 1995 or Alan Greenspan's "irrational exuberance" speech of 1996. We believe that this is wrong: we see little sign that the aggregate U.S. stock market was in any way in a significant bubble until 1998 or so.
Umfang:
1 online resource: illustrations (black and white);
Anmerkungen:
February 2006.
Schlagworte: