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Dot-com bubble - faktor hospodářského úspěchu USA v 90. letech 20. století? / Dot-com bubble - a factor in economic success of the USA in the 1990s?

This thesis deals with the impacts of information and communication technology investment surge on USA economic growth in the 1990s. Besides others, rapid development of these technologies also led to the creation of a stock market bubble, which affected the expansion phase of the economic cycle. Its burst in 2000-2001 resulted in economic slow-down and end of the longest recorded economic expansion in the history of the United States. Main part of the thesis discusses the benefits of information technology for economy and further evaluates the role of the speculative bubble in the development of consumption and investment expenditures. The thesis results suggest that the increase in capital intensity and sharp stock market price inflation significantly accelerated the dynamics of the economic growth in the second half of the described cycle.

Identiferoai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:201947
Date January 2014
CreatorsZajíc, Jiří
ContributorsJohnson, Zdenka, Tajovský, Ladislav
PublisherVysoká škola ekonomická v Praze
Source SetsCzech ETDs
LanguageCzech
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/masterThesis
Rightsinfo:eu-repo/semantics/restrictedAccess

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