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Stock market crashes and dynamics of aftershocks

✍ Scribed by Panayotis Kapopoulos; Fotios Siokis

Book ID
116421159
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
126 KB
Volume
89
Category
Article
ISSN
0165-1765

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## Abstract This paper utilizes data on subjective probabilities to study the impact of the stock market crash of 2008 on households' expectations about the returns on the stock market index. We use data from the Health and Retirement Study that was fielded in February 2008 through February 2009. T