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A Short Note on the Size of the Dot-Com Bubble / J. Bradford DeLong, Konstantin Magin.
- Format:
- Book
- Author/Creator:
- DeLong, J. Bradford.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w12011.
- NBER working paper series no. w12011
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2006.
- Summary:
- 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.
- Notes:
- Print version record
- February 2006.
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