| Finance and Economics Discussion Series: A Brief History of the 1987 Stock Market Crash with a Discussion of the Federal Reserve Response Contributor(s): Carlson, Mark (Author), United States Federal Reserve Board (Created by) |
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ISBN: 1288708823 ISBN-13: 9781288708826 Publisher: Bibliogov OUR PRICE: $14.18 Product Type: Paperback - Other Formats Published: February 2013 |
| Additional Information |
| BISAC Categories: - Political Science |
| Physical Information: 0.06" H x 7.44" W x 9.69" (0.15 lbs) 28 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |