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Comparison of Speculative Bubbles in the American Stock Markets During 1920s and 1990s.
Hrúz, Dušan ; Johnson, Zdenka (advisor) ; Chalupecký, Petr (referee)
The objective of this bachelor thesis is comparison of speculative bubbles in 1920s and 1990s. The first part of the thesis is analysing the period before the burst of speculative bubble in view of situation on stock markets, development of monetary policy and real economy. The midsection parses causes of speculation bubbles which were similar in technological and financial area. The differences were in political sphere, which had influenced stock prices mostly in 1920s . The final part maps consequences of the great crash and burst of dot.com bubble on stock markets, real economy again and precautions taken by Fed, which didn't act against crisis in first years of Great Depression unlike the situations during early 2000.

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