When did the stock market start to react less to downgrades by Moody’s, S&P and Fitch?

How did the Fed react to the 1990s stock market bubble? Evidence from an extended Taylor rule

How did the Federal Reserve Bank react to the stock market bubble of the late 1990s? At a Symposium sponsored by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming on August 30, 2002, Chairman Alan Greenspan remarked that economists do not currently have a way to measure a stock market bubble convincingly. He also argued that in the absence of such a measure, it was difficult for ...

When did the 2001 recession really start ?

The paper develops a non-parametric, non-stationary framework for business-cycle dating based on an innovative statistical methodology known as Adaptive Weights Smoothing (AWS). The methodology is used both for the study of the individual macroeconomic time series relevant to the dating of the business cycle as well as for the estimation of their joint dynamic. Since the business cycle is defin...

the evaluation and comparison of two esp textbooks available on the iranian market for teaching english to the students of medicine

abstract this study evaluated and compared medical terminology and english for the students of medicine (ii) as two representatives of the textbooks available on the iranian market for teaching english to the students of medicine. this research was performed on the basis of a teacher’s and a number of students’ attitudes and the students’ needs analysis for two reasons: first, to investigate...

When and Why Did Market Reactions to Restatement Announcements Attenuate?

I investigate the market reactions to 3,520 restatement announcements during 1995-2006, and find an 85 percent reduction in the average market reaction beginning in the first quarter of 2001, and continuing through the end of the sample period. I analyze whether the reduction is due to changes in the frequencies of specific restatement characteristics, changes in the way the market reacts to th...

when to start dialysis in elderly patients