Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?
Abstract
Bradford Delong and Konstantin Magin remind us that a decade ago, many thought the stock market overvalued, and yet on balance the last decade has been good for investors who bought and held. What does this tell us?
Suggested Citation
J. Bradford DeLong and Konstantin Magin. "Contrary to Robert Shiller's Predictions, Stock Market Investors Made Much Money in the Past Decade: What Does This Tell Us?" The Economists' Voice 3.7 (2006).
Available at: http://works.bepress.com/brad_delong/2
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