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Table 1. Stock Market Crashes, Boous, and Recessions, United Kingdom and United States, 1800-2000 Epis @ @ @ @ conte Moron: Paces Be Sea Face coms oe cored Cmcsae a ret Tow ape BE ‘ite igo @ ee aso - - - - ee re - - @ @® a 280 270 —_aalasnson - - - - © aeas ae and 38k ws wre © teste 382 305 Rando ws as (© 1855s 288 2KS mn myc - - @ ee 97mepeniminecs t= © ~~ 0402 aos Wd art mew © 603554 Grea Deresion ft a) was toto 501599 emagtcommarscae - - - ay tse a02 a0 Wd pe pan a een - - - - oe - - - » ay hh 693 988 On Stock we ws ae ay ass t9 208 Pome - - - - tooo nt 27 ThncherRantuien «aera ‘afrasin Tehanogy ee ee - - - » ‘Table 1. Stock Market Crashes, Booms, and Recessions. United Kingdom and United States, 1800-2000 (continued! a @ ° @ cranes sor canes cesses Breit ocr Pe Chg oe tres Os Poeceon Pe Tous Nominal a pe Toh peme BE ee mae a 185506486 Bek War 186 1837 20 128 eo ® o © 38 ao) ay ea 1902 1902 1906 a8 1907 267 210 163 194 m2 ass 84 m3 ie ‘Raroad Boom - Siver agitation 1192 Richman's panic - ‘Worl Finencial Criss 1606, 1840 1922 1804 1908 “64 10 1875 Table 1. Stock Market Crashes, Booms, and Recessions. United Kingdom and United States, 1800-2000 (co: Episode) @ @ cones Majer Case Recession (Gaperean) Contacto Desk Trough Nominal Baal! ex Tous Tapert @ wig «toal=S=*S20~=S 245 isaaton diarmament 1916 921 3 3) 195234885 Routing 20s andpicies 1609 1933 207 aH 1836195825727 MoneuryPaicy 1857 1938 45 ay oat ak wae - - - a9 sis as 208-271 Postwar sump ro eo 7 an 18 a0 457-284 Breron Woods - - - a) srs 2k 387 One 13 1915 26 a) se 10-209 Oushock - - - Infomation Tecaology e200 mor? 308 boom oor? a8 , o © ating Buking Severe ‘ome Pemc Bacal ‘hanges mig = percent 2 Cr a ” les S19 estar 48 se less 4841851866 - - wn | 3 200 A= - o © Pa Baking Serere Pee Fumi 7 ‘Sock pice > peak percent 13s 5727 187 ree 163 1988, 184 196 wor oO © Banking Severe pace Changes Inperent 201s 1930 10st 1931-33 1932

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