Technological diffusion and asset prices

Edgar A. Ghossoub and Hamid Beladi

Economics Letters, 2011, vol. 111, issue 1, 1-5

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.

Keywords: Stock; market; Asset; prices; Technological; diffusion (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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