Abstract:
The Plenary Session of the EEA Meetings consisted of a roundtable discussion of the causes and implications of the stock market crash in the Fall of 1987. The four participants, Martin Feldstein, Franco Modigliani, Allen Sinai, and Robert Solow, spoke to a large audience of severarl hundred economists. In view of the widespread interest in this session, we have transcribed the audiotape and, with some modest editing, present here the statements of each of the participants.
Ordering information: This journal article can be ordered from Dr. Mary H. Lesser, Department of Economics, Iona College, New Rochelle, NY 10801-1890 http://www.iona.edu/eea/publications/subandmem.htm