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Not All Bursting Market Bubbles Have the Same Recessionary Effect

Author

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  • Iris Arbogast
  • Yi Wen

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?

Suggested Citation

  • Iris Arbogast & Yi Wen, 2021. "Not All Bursting Market Bubbles Have the Same Recessionary Effect," On the Economy 93958, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:93958
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    File URL: https://www.stlouisfed.org/on-the-economy/2021/february/not-all-bursting-market-bubbles-same-recessionary-effect
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    Keywords

    market bubbles; recessions;

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