Bull and Bear Markets in the Twentieth Century
收藏NBER1989-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3171
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资源简介：
The major bull and bear markets of this century have suggested to many that large decade-to-decade stock market swings reflect irrational "fads and fashions" that periodically sweep investors. We argue instead that investors have perceived significant shifts in the long-run mean rate of future
提供机构：
美国国家经济研究局
创建时间：
1989-11-01
