The Costs of the Stock Market Bubble
Publication Date: November 2000
Publisher(s): Center for Economic and Policy Research
Author(s): Dean Baker
Keywords: Savings rate; Consumption; Federal deficit
Coverage: United States
This report examines the costs associated with the stock market bubble. It places the size of the market's over-valuation at between $8-13 trillion, depending on assumptions about future profit growth and long-term equity premiums.