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Technological diffusion and asset prices

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  • Ghossoub, Edgar A.
  • Beladi, Hamid

Abstract

In this manuscript, we demonstrate that sharp declines and increases in the stock market such as the ones that occurred in the early 1970s and mid 1990s in the United States may be attributed to expected rapid technological diffusion.

Suggested Citation

  • Ghossoub, Edgar A. & Beladi, Hamid, 2011. "Technological diffusion and asset prices," Economics Letters, Elsevier, vol. 111(1), pages 1-5, April.
    • Handle: RePEc:eee:ecolet:v:111:y:2011:i:1:p:1-5
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    References listed on IDEAS

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    Cited by:

    1. Christoph Safferling & Aaron Lowen, 2011. "Economics in the Kingdom of Loathing: Analysis of Virtual Market Data," Working Paper Series of the Department of Economics, University of Konstanz 2011-30, Department of Economics, University of Konstanz.
    2. Edward J. LUSK & Michael HALPERIN & Niya STEFANOVA & Atanas TETIKOV, 2011. "Investigation of: "Shopping in the Market-beta Mall"," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 1(5), pages 1-9, August.

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