Economic Impacts of the burst of the Dot-com-bubble : Comparing the Netherlands and the US

Language: English

Published by LAP LAMBERT Academic Publishing, 2009

3838316754 / 9783838316758

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nach der Bestellung gedruckt Neuware - Printed after ordering - The classical assumption that an economic downturn is V-shaped in the US and more Ushaped in the Netherlands is refuted in this paper by analyzing the downturn that followed the dot-com-bubble. The duration is longer in the Netherlands, while the depth is certainly not smaller. Another interesting observation is that the start of the downturn occurred at a later point in time than in the US. The analysis of several macroeconomic variables and the differences in the sectoral dynamics show that the dynamics of the downturn can be explained by the importance of the exogenous shock of exports on the Business Cycle. The conclusion regarding this specific analyzed downturn is that the downturn in the Dutch economy is not that much directly related to the burst of the bubble. In stead, the economy seemed to be affected by the consequences of the burst for international trade and so Dutch exports. The US seemed to be the epicentre of the burst which had a significant influence on the World Business Cycle through the US role in international trade. These observations are again seen in the latest internationally spread downturn.…

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Title
Economic Impacts of the burst of the Dot-com-bubble : Comparing the Netherlands and the US
Author
Jim Been
Publisher
LAP LAMBERT Academic Publishing
Publication year
2009
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3838316754
ISBN 13
9783838316758
Item weight
167 grams
Dimensions
220x150x6 mm

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