Lecture 23: Stock Market Booms and Crashes Brief History of Booms and Crashes For hundreds of years, speculative markets have undergone dramatic ups and downs, that appear…
Slide 1 Irrational Exuberance Revisited Robert J. Shiller Yale University March 18, 2015 Slide 2 Shiller Irrational Exuberance Three Editions First Edition: 2000 at end of…
Slide 1 The Global Recession The Global Recession. World GDP Growth, 2007-2010. Emerging market countries hoped that they could avoid a similar fate, that there would be…