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U.S. Stock Market Crashes And Their Aftermath: Implications For Monetary Policy
FYI: This paper is based on a paper delivered to the Asset Price Bubbles Conference, sponsored by the FederalReserve Bank of Chicago and The World Bank on April 23, 2002. We thank Michael Bordo, Hugh Rockoff and participants in the Columbia macro lunch for their helpful comments. The views expressed herein arethose of the authors and not necessarily those of the National Bureau of Economic Research, ColumbiaUniversity or Rutgers University. Regards, Ted http://www.ritholtz.com/blog/2015/05/u-s-stock-market-crashes-and-their-aftermath-implications-for-monetary-policy/print/
