{"product_id":"economic-impacts-of-the-burst-of-the-dot-com-bubble-von-jim-been","title":"Economic Impacts of the burst of the Dot-com-bubble","description":"\u003cp\u003eThe classical assumption that an economic downturn  is ¿V-shaped¿ in the US and more ¿Ushaped¿ in the Netherlands is refuted in this paper by  analyzing the downturn that followed the dot-com-bubble. The duration is longer in the  Netherlands, while the depth is certainly not smaller. Another interesting observation is that the  start of the downturn occurred at a later point in time than in the US. The analysis of several macroeconomic variables and the differences in the  sectoral dynamics show that the dynamics of the  downturn can be explained by the importance of the  exogenous shock of exports on the Business Cycle.  The conclusion regarding this specific analyzed  downturn is that the downturn in the Dutch economy  is not that much directly related to the burst of  the bubble. In stead, the economy seemed to be  affected by the consequences of the burst for  international trade and so Dutch exports. The US  seemed to be the epicentre of the burst which had a  significant influence on the World Business Cycle  through the US role in international trade. These  observations are again seen in the latest  internationally spread downturn.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838316758\"\u003e\u003ch3\u003eComparing the Netherlands and the US\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838316758","offer_id":39497038725213,"sku":"9783838316758","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/34e346a9-7ce6-411d-9420-a664838f1766.jpg?v=1759211331","url":"https:\/\/shop.autorenwelt.de\/products\/economic-impacts-of-the-burst-of-the-dot-com-bubble-von-jim-been","provider":"Autorenwelt Shop","version":"1.0","type":"link"}