Investment Banking and Security Speculation in the Late 1920's
Bibliographic Data
| ID | 9627208 |
|---|---|
| Authors | Giulio Pontecorvo (Bowdoin College, corresponding author) |
| Year | 1958 |
| Volume | 32 |
| Issue | 2 |
| Pages | 166-191 |
| Publication date | 1958-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/3111701 |
| OpenAlex | W2318691640 |
| Language | EN |
| References cited | 5 |
The stock market boom and bust of the late 1920's has been closely associated by scholars and public alike with the great changes in American life that followed closely thereafter. Actually, the interrelationship is far from clear, and a better understanding of the capital market is needed. Historical evidence points to the absence of effective market regulation and to the violation of accepted norms of monetary policy, but the only clear-cut causal connection between levels of economic activity and the stock boom lies in the effect of security inflation on the psychological climate of the business community
Boom · Bust · Economics · Market economy · Monetary economics · Speculation · Stock market · Economic, financial, and policy analysis · Finance · Global Financial Crisis and Policies · History · Monetary Policy and Economic Impact
| Highly cited | No |
|---|