The 1980s: The 1987 Stock-Market Crash

Gordon Pepper
Additional contact information
Gordon Pepper: Department of Banking and Finance, City University Business School

Chapter 13 in Money, Credit and Asset Prices, 1994, pp 192-216 from Palgrave Macmillan

Abstract: Abstract This chapter is a reprint of a speech given by the author on a number of occasions during 1988 entitled ‘Market Crashes, Deflation and Long Waves’ and circulated as a Monetary Bulletin in November 1988. It contained various predictions. One was that there would be a fall in UK house prices. Another was that the Japanese equity market would collapse. There was also a warning of the danger of debt-deflation. The November 1988 Monetary Bulletin also contained an extract from one in August 1988, which in turn was a rewrite of one in September 1987 that predicted a collapse in the US and UK stock markets. It should be noted that the September Bulletin was circulated a month before the October 1987 crash occurred.

Keywords: Monetary Policy; House Price; Money Supply; Equity Market; Historical Evidence (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37593-2_14

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230375932

DOI: 10.1057/9780230375932_14

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().