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How The Stock Market Almost Disintegrated A Day After The Crash, James B. Stewart, Daniel Hertzberg Nov 1987

How The Stock Market Almost Disintegrated A Day After The Crash, James B. Stewart, Daniel Hertzberg

Documents

No abstract provided.


First Options Loss Tied To 6 Traders, Chicago Tribune Nov 1987

First Options Loss Tied To 6 Traders, Chicago Tribune

Documents

No abstract provided.


Notes For Fomc Meeting -- November 3, 1987, Peter D. Sternlight Nov 1987

Notes For Fomc Meeting -- November 3, 1987, Peter D. Sternlight

Documents

No abstract provided.


Minutes Of Actions: Meeting Of Fomc- Nov. 3, 1987, Federal Reserve System: Board Of Governors: Federal Open Market Committee (Fomc) Nov 1987

Minutes Of Actions: Meeting Of Fomc- Nov. 3, 1987, Federal Reserve System: Board Of Governors: Federal Open Market Committee (Fomc)

Documents

No abstract provided.


Meeting Of The Federal Open Market Committee: November 3, 1987, Federal Reserve System: Board Of Governors: Federal Open Market Committee (Fomc) Nov 1987

Meeting Of The Federal Open Market Committee: November 3, 1987, Federal Reserve System: Board Of Governors: Federal Open Market Committee (Fomc)

Documents

Transcript of the meeting. Minutes also exist.


Yale Political Monthly 1987 November, The Politic, Inc. Nov 1987

Yale Political Monthly 1987 November, The Politic, Inc.

The Politic

No abstract provided.


Multiple Regression With Integrated Time Series, Peter C.B. Phillips Nov 1987

Multiple Regression With Integrated Time Series, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Recent work on the theory of regression with integrated process is reviewed. This work is particularly relevant in economics where many financial series and macroeconomic time series exhibit nonstationary characteristics and are often well modeled individually as simple ARIMA processes. The theory makes extensive use of weak convergence methods and allows for integrated processes that are driven by quite general weakly dependent and possibly heterogeneously distributed innovations. The theory also includes near integrated time series, which have roots near unity, and cointegrated series, which move together over time but are individually nonstationary. A general framework for asymptotic analysis is given …


Investor Behavior In The October 1987 Stock Market Crash: Survey Evidence, Robert J. Shiller Nov 1987

Investor Behavior In The October 1987 Stock Market Crash: Survey Evidence, Robert J. Shiller

Cowles Foundation Discussion Papers

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. The survey results show that: 1. No news story or rumor appearing on the 19th or over the preceding weekend was responsible for investor behavior, 2. Investors’ importance rating of news appearing over the preceding week showed only a slight relation to decisions to buy or sell, 3. There was a great deal of investor talk and anxiety around October 19, much more than suggested by the …


A Note On An Optimal Garnishing Rule, Martin Shubik, Pradeep Dubey Nov 1987

A Note On An Optimal Garnishing Rule, Martin Shubik, Pradeep Dubey

Cowles Foundation Discussion Papers

A simple optimal garnishing rule to discourage strategic bankruptcy is derived.


Montetary Policy Alternatives (Blue Book), Federal Reserve System: Board Of Governors Oct 1987

Montetary Policy Alternatives (Blue Book), Federal Reserve System: Board Of Governors

Documents

Also referred to as the Blue Book prepared for the FOMC meeting


H.4.1. Factors Affecting Reserve Balances Of Depository Institutions And Condition Statement Of F.R. Banks -- October 29, 1987, Federal Reserve System: Board Of Governors Oct 1987

H.4.1. Factors Affecting Reserve Balances Of Depository Institutions And Condition Statement Of F.R. Banks -- October 29, 1987, Federal Reserve System: Board Of Governors

Documents

No abstract provided.


Recent Developments, Federal Reserve System: Board Of Governors Oct 1987

Recent Developments, Federal Reserve System: Board Of Governors

Documents

Also referred to as the Green Book prepared for the FOMC meeting


A $90 Million Jolt For Continental, Laurie Cohen Oct 1987

A $90 Million Jolt For Continental, Laurie Cohen

Documents

No abstract provided.


H.4.1. Factors Affecting Reserve Balances Of Depository Institutions And Condition Statement Of F.R. Banks -- October 22, 1987, Federal Reserve System: Board Of Governors Oct 1987

H.4.1. Factors Affecting Reserve Balances Of Depository Institutions And Condition Statement Of F.R. Banks -- October 22, 1987, Federal Reserve System: Board Of Governors

Documents

No abstract provided.


Stocks Plunge 508 Points, A Drop Of 22.6%; 604 Million Volume Nearly Doubles Record, Lawrence J. De Maria Oct 1987

Stocks Plunge 508 Points, A Drop Of 22.6%; 604 Million Volume Nearly Doubles Record, Lawrence J. De Maria

Documents

No abstract provided.


Transcript Of Fomc Call Of October 20, 1987, Federal Reserve System: Board Of Governors: Federal Open Market Committee (Fomc) Oct 1987

Transcript Of Fomc Call Of October 20, 1987, Federal Reserve System: Board Of Governors: Federal Open Market Committee (Fomc)

Documents

No abstract provided.


Stocks Plummet 508 Amid Panicky Selling, Tim Metz, Alan Murray, Thomas E. Ricks, Beatrice E. Garcia Oct 1987

Stocks Plummet 508 Amid Panicky Selling, Tim Metz, Alan Murray, Thomas E. Ricks, Beatrice E. Garcia

Documents

No abstract provided.


H.4.1. Factors Affecting Reserve Balances Of Depository Institutions And Condition Statement Of F.R. Banks -- October 15, 1987, Federal Reserve System: Board Of Governors Oct 1987

H.4.1. Factors Affecting Reserve Balances Of Depository Institutions And Condition Statement Of F.R. Banks -- October 15, 1987, Federal Reserve System: Board Of Governors

Documents

No abstract provided.


Divergence Of The Single-Copy Dna Sequences Of The Western Grebe (Aechmophorus Occidentalis) And Clark’S Grebe (A. Clarkii), As Indicated By Dna-Dna Hybridization, Jon E. Ahlquist, Anthony H. Bledsoe, John T. Ratti, Charles G. Sibley Oct 1987

Divergence Of The Single-Copy Dna Sequences Of The Western Grebe (Aechmophorus Occidentalis) And Clark’S Grebe (A. Clarkii), As Indicated By Dna-Dna Hybridization, Jon E. Ahlquist, Anthony H. Bledsoe, John T. Ratti, Charles G. Sibley

Postilla

Single-copy nuclear DNA sequences of individuals of Aechmophorus occidentalis and A. ciarkii were compared by DNA-DNA hybridization. In each of three experimental sets the average thermal stability of homoduplex and within-species DNA-DNA hybrids did not differ, but the between-species DNA-DNA hybrids dissociated at an average temperature 0.57°C below the median melting temperature of homoduplex and within-species hybrids. The difference was highly significant in all three sets. The median DNA sequence distance between A. occidentalis and A. clarkii is comparable to such distances between other closely related congeneric species.


Braincase Of Limnoscelis Paludis Williston, Michael A. Fracasso Oct 1987

Braincase Of Limnoscelis Paludis Williston, Michael A. Fracasso

Postilla

Limnoscelis paludis historically has been considered close to the ancestry of reptiles. Although the unique holotype skeleton is largely complete, its braincase has never been adequately described. Recent mechanical preparation has exposed the braincase laterally, dorsally, and in cross section for the first time, and has enhanced the preexisting ventral and occipital views, Newly revealed attributes include a fused basiparasphenoid, a fused otic, a feebly ossified zone separating anterior and posterior braincase divisions, paired basiparasphenoid ossifications of the dorsum sellae, a sphenethmoid with Y-shaped transverse cross section, an ossified synotic, a concave occipital condyle, reduced exoccipitals, and the absence of …


Ultrastructure Of Metamorphosis In Hydractinia Echinata, Virginia M. Weis, Leo W. Buss Oct 1987

Ultrastructure Of Metamorphosis In Hydractinia Echinata, Virginia M. Weis, Leo W. Buss

Postilla

The fine structure of metamorphosis in the athecate hydroid, Hydractinia echinata, is described. Metamorphosis was induced in two ways: by exposing planulae to appropriate microflora and by temporary exposure to an ionic imbalance. Larvae induced to metamorphose by ionic imbalance differed considerably in behavior, but little in fine structure, from those induced by microflora. Metamorphosis was initiated by the discharge of nematocysts and loss of neurosensory cells, followed by secretion of mucus from gland cells and dense-staining granules from supportive cells. Associated with these events is a severe folding of the larva and permanent adherence of the larva to the …


Nota Bene; Volume I, Number Ii, Yale University Library Oct 1987

Nota Bene; Volume I, Number Ii, Yale University Library

Nota Bene

Nota Bene is published during the academic year to acquaint the Yale community and others with the resources of the Yale Library.


Managing Exchange Rate Crisis: Evidence From The 1890’S, Vittorio U. Grilli Oct 1987

Managing Exchange Rate Crisis: Evidence From The 1890’S, Vittorio U. Grilli

Discussion Papers

No abstract provided.


Households, Communities And Preschool Children’S Nutrition Outcomes: Evidence From Rural Côte D’Iviore, John Strauss Oct 1987

Households, Communities And Preschool Children’S Nutrition Outcomes: Evidence From Rural Côte D’Iviore, John Strauss

Discussion Papers

No abstract provided.


Prices Of Single Family Homes Since 1970: New Indexes For Four Cities, Karl E. Case, Robert J. Shiller Oct 1987

Prices Of Single Family Homes Since 1970: New Indexes For Four Cities, Karl E. Case, Robert J. Shiller

Cowles Foundation Discussion Papers

This paper uses data on nearly a million homes sold in four metropolitan areas — Atlanta, Chicago, Dallas and San Francisco — to construct quarterly indexes of existing home prices between 1970 and 1986. We propose and apply a new method of constructing such indexes which we call the method of constructing such indexes which we call the weighted repeat sales method (WRS). We believe the results give an accurate picture of the actual rate of appreciation in home prices in the four cities. The paper explains the construction of the index, discusses the results and compares them with the …


Population Programs: Measuring Their Impact On Fertility And The Personal Distribution Of Their Effects, T. Paul Schultz Sep 1987

Population Programs: Measuring Their Impact On Fertility And The Personal Distribution Of Their Effects, T. Paul Schultz

Discussion Papers

No abstract provided.


Trade Policy Under Endogenous Credibility, Charles Engel, Kenneth Kletzer Sep 1987

Trade Policy Under Endogenous Credibility, Charles Engel, Kenneth Kletzer

Discussion Papers

No abstract provided.


Child Survival, Nutritional Status And Household Characteristics: Evidence From Brazil, Duncan Thomas, John Strauss, Maria-Helena Henriques Sep 1987

Child Survival, Nutritional Status And Household Characteristics: Evidence From Brazil, Duncan Thomas, John Strauss, Maria-Helena Henriques

Discussion Papers

No abstract provided.


Inventories, Investment, Inflation And Taxes, James Tobin Sep 1987

Inventories, Investment, Inflation And Taxes, James Tobin

Cowles Foundation Discussion Papers

Sales today were made possible by inputs of factor services and intermediate goods at various previous dates. Prices change between the input dates and the sale date. Especially in periods of general inflation, these price movements create ambiguities in the reckoning of profits. The accounting definition used in taxing profits can have significant economic effects. Tax accounting is generally not neutral vis-à-vis general inflation. Costing inputs at their historical nominal prices (FIFO) is a real burden and disincentive, greater the higher the inflation rate. It is analogous to depreciating durable capital at historical cost. However, it may be partially, completely, …


The Noncooperative Equilibria Of A Trading Economy With Complete Markets And Consistent Prices, Siddhartha Sahi, Shuntian Yao Sep 1987

The Noncooperative Equilibria Of A Trading Economy With Complete Markets And Consistent Prices, Siddhartha Sahi, Shuntian Yao

Cowles Foundation Discussion Papers

No abstract provided.