Bubbles and Busts: The 1990s in the Mirror of the 1920s
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This paper surveys the twentieth century booms and crashes in the American stock market, focusing on a comparison of the two most similar events in the 1920s and 1990s. In both booms, claims were made that they were the consequence a "new economy" or "irrational exuberance." Neither boom can be
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美国国家经济研究局创建时间：
2006-04-01
