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ID364248
Title ProperInvestor behavior in the October 1987 stock market crash: survey evidence
Other Title InformationCowles Foundation Discussion Paper No. 853, November 1987
LanguageENG
AuthorShiller, Robert J.
Summary / Abstract (Note)Questionnaires were sent out at the time of the October 19, 1987 stock market crash to both individual and institutional investors inquiring about their behavior during the crash. Nearly 1000 responses were received. In this paper, the author reports on general survey results and then provide interpretations and conjectures for what happened on October 19, 1987.
`In' analytical NoteIn Rutherford, Thomas F.: A modeling system for applied general equilibrium analysis. [Cowles Foundation Discussion Paper No. 836, May 1987] Connecticut. Cowles Foundation for Research in Economics, Yale University, 1987.
Key WordsDow Jones Industrial Average