TY  - JOUR
AU  - DeLong,J. Bradford
AU  - Magin,Konstantin
TI  - A Short Note on the Size of the Dot-Com Bubble
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 12011
PY  - 2006
Y2  - February 2006
UR  - http://www.nber.org/papers/w12011
L1  - http://www.nber.org/papers/w12011.pdf
N1  - Author contact info:
J. Bradford DeLong
Department of Economics
601 Evans Hall
University of California, Berkeley
Berkeley, CA 94720-3880
Tel: 510/643-4027
Fax: 510/642-6615
E-Mail: delong@econ.berkeley.edu

Konstantin Magin
AB  - A surprisingly large amount of commentary today marks the beginning of the dot-com bubble of the late 1990s from either the Netscape Communications initial public offering of 1995 or Alan Greenspan's "irrational exuberance" speech of 1996. We believe that this is wrong: we see little sign that the aggregate U.S. stock market was in any way in a significant bubble until 1998 or so.
ER  -