• we lived through the period covered by this research (1/1962 -12 / 2003);
we experienced bubble periods where cap - weighting caused severe destruction of investor wealth, contributing to our concern about the efficacy of capitalization - weighted indexation (the «nifty fifty» of 1971 - 72, the bubble of 1999 - 2000) and
Not exact matches
Japan suffered an asset price
bubble at the end of the 1980s and
experienced a
period that is referred to as «the lost two decades».
This of course hasn't gone unnoticed by John Taylor, who has written a number of papers over the last year showing empirically that the Federal Reserve's interest rate policy during this
period was an important catalyst of the housing
bubble and therefore influential in the current problems the economy is
experiencing.