Why the bubble burst :
Evans, Lawrance Lee,
Why the bubble burst : US stock market performance since 1982 / - Cheltenham, UK ; Northampton, MA : E. Elgar, c2003. - ix, 237 p. : - New directions in modern economics .
Includes bibliographical references (p. 218-233) and index.
"Why the Bubble Burst provides a comprehensive look at the most dramatic run-up in equity values in US history. Lawrance Evans takes the reader from theory to empirics, illustrating why we need to go beyond the efficient markets hypothesis and the theory of domestic irrational exuberance to fully unpack the unprecedented phenomenon, why the market was destined for a major decline and why the fallout will be severe and protracted." "The author's conclusions carry implications for economic theory and policy, retirement security and stock market investments in general. Economists, finance professionals and policymakers will find this volume a unique investigation into the stock market boom and bust."--Jacket.
1843760754 9781843760757
Stock exchanges
Stocks
Stock Market Bubble, 1995-2000.
United States of America
HG4910 / .E93 2003
332.64'273 / EVA
Why the bubble burst : US stock market performance since 1982 / - Cheltenham, UK ; Northampton, MA : E. Elgar, c2003. - ix, 237 p. : - New directions in modern economics .
Includes bibliographical references (p. 218-233) and index.
"Why the Bubble Burst provides a comprehensive look at the most dramatic run-up in equity values in US history. Lawrance Evans takes the reader from theory to empirics, illustrating why we need to go beyond the efficient markets hypothesis and the theory of domestic irrational exuberance to fully unpack the unprecedented phenomenon, why the market was destined for a major decline and why the fallout will be severe and protracted." "The author's conclusions carry implications for economic theory and policy, retirement security and stock market investments in general. Economists, finance professionals and policymakers will find this volume a unique investigation into the stock market boom and bust."--Jacket.
1843760754 9781843760757
Stock exchanges
Stocks
Stock Market Bubble, 1995-2000.
United States of America
HG4910 / .E93 2003
332.64'273 / EVA