Bubbles have become ubiquitous. This ubiquity has stimulated research over the past three decades into bubbles in history. In this article, we provide a systematic overview of research into historical bubbles. Our analysis reveals that there is no coherent approach to the study of bubbles and...

Cover -- Title Page -- Copyright -- Contents -- Foreword -- Acknowledgments -- Part One The Beginning -- Chapter One The House on Dover Road, 1898-1919 -- Chapter Two Lessons Learned, 1919-1925 -- Chapter Three Mackubin, Goodrich & Co., 1925-1927 -- Chapter Four The Great Bull Market and the...

This paper gives an overview of some issues related to market valuation, focusing on the developments on the New York 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 31 December 2002 is situated in a very long term...