?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F13287%2F&rft.title=Weltwirtschaftkrise+und+New-Economy-Crash%3A+Parallelen+und+Unterschiede&rft.creator=Ehrenfeld%2C+Wilfried&rft.subject=F00+-+General&rft.subject=N12+-+U.S.+%3B+Canada%3A+1913-&rft.subject=E20+-+General&rft.description=When+comparing+the+New+Economy+and+the+time+before+the+Great+Depression+there+are+two+obvious+analogies.%0AIn+the+1920s+as+in+the+1990s+there+was+an+investment+boom+triggered+through+the+use+of+new+technologies+and+rapid+technological+development.%0AIn+the+1920s%2C+these+were+the+electricity+and+the+combustion+engine%2C+in+the+1990s+computer+hardware%2C+software+and+network+technologies.%0AThis+boom+seemed+to+promise+steadily+rising+corporate+profits.%0AThe+capital+needs+could+be+well+covered+ever+the+stock%2C+as+earnings+expectations+were+high.%0ABoth+decades+had+an+acceleration+of+productivity+growth%2C+low+unemployment+and+low+inflation+rates.%0AThe+sharp+fall+of+the+stock+was+just+like+the+previous+stock+market+boom+equally+an+indicator+of+both+scenarios.%0AIn+both+cases+a+stock+market+bubble+had+formed.%0AThe+real+economic+development+after+the+stock+market+crash%2C+however%2C+differs+fundamentally.&rft.date=2005&rft.type=MPRA+Paper&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=https%3A%2F%2Fmpra.ub.uni-muenchen.de%2F13287%2F1%2FMPRA_paper_13287.pdf&rft.identifier=++Ehrenfeld%2C+Wilfried++(2005)%3A+Weltwirtschaftkrise+und+New-Economy-Crash%3A+Parallelen+und+Unterschiede.++++&rft.language=de