Titlebook: Stock Market Policy Since the 1987 Crash; A Special Issue of t Hans R. Stoll Book 1998 Springer Science+Business Media New York 1998 Funds.

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Book 1998ly adverse future fall. The book, originallypublished as a special issue of the .Journal of FinancialServices. .Research., considers some of the important policyadjustments that have been implemented in the wake of the 1987 crash.Taken separately and together, these five papers offer a synthesis and

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Dealer Markets Under Stress: The Performance of NASDAQ Market Makers During the November 15, 1991, market makers avoided odd-eighth quotes. Our evidence implies that, unlike October 1987, the liquidity of the NASDAQ market did not deteriorate appreciably during this episode of unusual market stress.

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Book 1998tant policyadjustments that have been implemented in the wake of the 1987 crash.Taken separately and together, these five papers offer a synthesis andsummary of the most important policy innovations that have evolvedsince the largest single-day decline in stock market history.

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the important policyadjustments that have been implemented in the wake of the 1987 crash.Taken separately and together, these five papers offer a synthesis andsummary of the most important policy innovations that have evolvedsince the largest single-day decline in stock market history.978-1-4613-7613-2978-1-4615-5707-4

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