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Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?
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J. Bradford DeLong
Published/Copyright:
July 10, 2006
Bradford Delong and Konstantin Magin remind us that a decade ago, many thought the stock market overvalued, and yet on balance the last decade has been good for investors who bought and held. What does this tell us?
Published Online: 2006-7-10
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Letter
- Letter: How High Is the Top Tax Rate on U.S. Capital Gains?
- Letter: Believe It or Not, What We Need Now Are Higher Gas Prices
- Column
- Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?
- A New Agenda for Global Warming
- How to Deal with Terrorism
- What To Do about Fannie and Freddie?
