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Not All Bursting Market Bubbles Have the Same Recessionary Effect
Abstract: The popped IT bubble ushered in an eight-month recession in 2001. The burst housing bubble resulted in the Great Recession (2007-09). Why the difference?
Keywords: market bubbles; recessions;
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https://www.stlouisfed.org/on-the-economy/2021/february/not-all-bursting-market-bubbles-same-recessionary-effect
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2021-02-15