The great crash of 1929 : a reconciliation of theory and evidence

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Bibliographic Information

The great crash of 1929 : a reconciliation of theory and evidence

Ali Kabiri

(Palgrave studies in the history of finance / series editors, Adrian R. Bell, D'Maris Coffman and Tony K. Moore)

Palgrave Macmillan, 2015

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Note

Includes bibliographical references (p. 217-228) and index

Description and Table of Contents

Description

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.

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

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