Blinder, Alan S.; Reis, Ricardo - 2005
standing tall while, in the
Soviet Union, Mikhail Gorbachev had just presented proposals for perestroika. The stock
market …-day crash of the stock market in October 1987, and included wars in Iraq in both
1990 and 2003, a rolling worldwide financial … expectations are better managed if the market is better at anticipatinge what the
central bank will do in the future.
5
Some have …