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portada Finance and Economics Discussion Series: A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response
Type
Physical Book
Author
Publisher
Language
English
Pages
28
Format
Paperback
Dimensions
24.6 x 18.9 x 0.2 cm
Weight
0.07 kg.
ISBN13
9781288708826
Categories

Finance and Economics Discussion Series: A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response

Mark Carlson (Author) · United States Federal Reserve Board (Author) · Bibliogov · Paperback

Finance and Economics Discussion Series: A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response - Carlson, Mark ; United States Federal Reserve Board

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Synopsis "Finance and Economics Discussion Series: A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response"

The 1987 stock market crash was a major systemic shock. Not only did the prices of many financial assets tumble, but market functioning was severely impaired. This paper reviews the events surrounding the crash and discusses the response of the Federal Reserve, which responded in a number of ways to support the operation of financial markets, including the provision of liquidity, in a highly visible fashion.

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