The Great Crash of 1929: A Reconciliation of Theory and Evidence

Author:   A. Kabiri
Publisher:   Palgrave Macmillan
ISBN:  

9781137372888


Pages:   236
Publication Date:   20 November 2014
Format:   Hardback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Our Price $239.95 Quantity:  
Add to Cart

Share |

The Great Crash of 1929: A Reconciliation of Theory and Evidence


Add your own review!

Overview

Understanding the American stock market boom and bust of the 1920s is vital for formulating policies to combat the potentially deleterious effects of busts on the economy. Using new data, Kabiri explains what led to the 1920s stock market boom and 1929 crash and looks at whether 1929 was a bubble or not and whether it could have been anticipated.

Full Product Details

Author:   A. Kabiri
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Dimensions:   Width: 14.00cm , Height: 1.90cm , Length: 21.60cm
Weight:   4.238kg
ISBN:  

9781137372888


ISBN 10:   1137372885
Pages:   236
Publication Date:   20 November 2014
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1. Introduction 2. Literature Review and Methodology 3. The US Economy and the Financial System 4. The Returns to US Common Stocks from 1871 – 2010 5. The October Crash of 1929 and the NYSE Credit System 6. The Great Contraction 1929 – 1933 and the Value of Stocks 7. Conclusions

Reviews

Kabiri s book provides a synthesis of the debates on the 1929 crash but also a new set of tests built on both existing and newly collected data to understand which forces drove the stock market to levels reached in the 1920s . book contributes to behavioral economics, estimating the rationality of the rise and fall in stock prices during the boom and bust as well as to history of economic thought, detailing financial theories and methods of the 1920s. (Raphael Hekimian, EH Net, eh.net, August, 2015)


Kabiri's book provides a synthesis of the debates on the 1929 crash but also a new set of tests built on both existing and newly collected data to understand which forces drove the stock market to levels reached in the 1920s ... . book contributes to behavioral economics, estimating the rationality of the rise and fall in stock prices during the boom and bust as well as to history of economic thought, detailing financial theories and methods of the 1920s. (Raphael Hekimian, EH Net, eh.net, August, 2015)


Author Information

Ali Kabiri is a research associate at the Financial Markets Group at the LSE and a Lecturer in Economics at the University of Buckingham, UK. He has been a visiting research scholar at Columbia Business School and Yale University in the USA.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List