BISCIARI, Patrick; DURRE, Alain; NYSSENS, Alain - EconWPA - 2003
equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and … in the past but that the bull market preceding the 2000-2002 bear market had been particularly long and impressive in … occasions were the so-called 1929 and 2000 bubbles. The models showed that, at some point in time before the peak in (real …