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How the Federal Reserve aided the Peoples Bank of China in addressing its 2015 Stock Market Crash

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Abstract

An insight into the July 2015 exchange between the Federal Reserve Board and the People's Bank of China (PBOC) discussing efforts to apply lessons from the 1987 "Black Monday" stock market crash to a similar crash that was occurring in China.

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  • Buchholtz, Alec, 2019. "How the Federal Reserve aided the Peoples Bank of China in addressing its 2015 Stock Market Crash," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 1(1), pages 205-207, March.
    • Handle: RePEc:ysm:ypfsfc:111212
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1010&context=journal-of-financial-crises
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    1. Alan Greenspan, 1988. "Statements to Congress, February 23-24, 1988(monetary policy)," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Apr, pages 225-231.
    2. Alan Greenspan, 1988. "Statements to Congress July 13, 28, 1988(monetary policy)," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Sep, pages 607-613.
    3. Alan Greenspan, 1988. "Statement to Congress, September 14, 1988 (bank competition)," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 746-751.
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      Keywords

      Federal Reserve; Peoples Bank of China; PBOC; Black Monday; Stock Market Crash; 1987; 2016;
      All these keywords.

      JEL classification:

      • G01 - Financial Economics - - General - - - Financial Crises
      • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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