BOOKS by Robert J Shiller, and
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Irrational Exuberance
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Robert J Shiller
In this bold and potentially urgent volume, Robert J. Shiller, a respected expert on market volatility, offers an unconventional interpretation of recent U.S. stock market highs and shows that Alan Greenspan's term "irrational exuberance" is a good description of the mood behind the market. He warns that poorer performance may be in the offing and ...
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The Subprime Solution: How Today's Global Financial Crisis Happened, and What to Do about It
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Robert J Shiller
The subprime mortgage crisis has already wreaked havoc on the lives of millions of people and now it threatens to derail the U.S. economy and economies around the world. In this trenchant book, best-selling economist Robert Shiller reveals the origins of this crisis and puts forward bold measures to solve it. He calls for an aggressive response - ...
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The New Financial Order: Risk in the 21st Century
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Robert J Shiller
In his best-selling "Irrational Exuberance", Robert Shiller cautioned that society's obsession with the stock market was fueling the volatility that has since made a roller coaster of the financial system. Less noted was Shiller's admonition that our infatuation with the stock market distracts us from more durable economic prospects. These lie in ...
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Market Volatility
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Robert J Shiller
"Market Volatility "proposes an innovative theory, backed by substantial statistical evidence, on the causes of price fluctuations in speculative markets. It challenges the standard efficient markets model for explaining asset prices by emphasizing the significant role that popular opinion or psychology can play in price volatility. Why does the ...
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The Quiet Revolution: Central Banking Goes Modern
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Alan S. Blinder, Robert J. Shiller (Foreword by)
Although little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book. Alan Blinder, a former vice chairman of the Federal Reserve System and member of President Clinton's Council of Economic Advisers, shows that the changes, though quiet, have been sufficiently ...
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks
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Robert J Shiller
Macro Markets puts forward a unique and authoritative set of detailed proposals for establishing new markets for the management of the biggest economic risks facing society. Our existing financial markets are seen as being inadequate in dealing with such risks and Professor Shiller suggests major new markets as solutions to the problem. Shiller ...
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Macro Markets
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Robert J. Shiller
This treatise outlines the author's set of proposals for the establishment of new markets for the management of risk by governments. He argues for an extension to the existing partial system operated by markets in trading economic indices. The book introduces new areas of research and discussion in the field of financial economics, and is part of ...
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The Report of the Twentieth Century Fund Task Force on Market Speculation and Corporate Governance
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Robert J Shiller, Century Fund Twentieth
This work considers how imperfect or misleading market information opens the door to speculation and distortion of economic choice, and how government sets the rules by which the financial world plays. It calls for policy changes to rationalize savings and investment decisions, promote long-term planning over speculation, encourage institutional ...
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