| Description |
xxvi, 581 pages : illustrations ; 24 cm |
| Contents |
1. Asset Price Bubbles, Information, and Public Policy / Randall S. Kroszner -- 2. Asset Price Bubbles and Their Implications for Monetary Policy and Financial Stability / Jean-Claude Trichet -- 3. Rational and Nonrational Bubbles / Allan H. Meltzer -- 4. Diverse Views on Asset Bubbles / Robert J. Shiller -- 5. Asset Prices and Monetary Policy / Michael Mussa -- 6. U.S. Stock Market Crashes and Their Aftermath: Implications for Monetary Policy / Frederic S. Mishkin and Eugene N. White -- 7. Japan's Experience with Asset Price Bubbles: Is It a Case for Inflation Targeting? / Kunio Okina and Shigenori Shiratsuka -- 8. Lending Booms, Real Estate Bubbles, and the Asian Crisis / Charles Collyns and Abdelhak Senhadji -- 9. Tropical Bubbles: Asset Prices in Latin America, 1980-2001 / Santiago Herrera and Guillermo E. Perry -- 10. Different Countries, Similar Experience / Takeo Hoshi -- 11. Comments on Recent Experiences with Asset Price Bubbles / Ignazio Visco -- 12. Stocks as Money: Convenience Yield and the Tech-Stock Bubble / John H. Cochrane -- 13. Bubble Psychology / Werner De Bondt -- 14. Bubbles in Real Estate Markets / Richard Herring and Susan Wachter -- 15. Comments on: "Stocks as Money ..." and "Bubble Psychology" / Robert S. Chirinko -- 16. Comments on Theory and History of Asset Price Bubbles / Bertrand Renaud -- 17. Imbalances or "Bubbles?" Implications for Monetary and Financial Stability / Claudio Borio and Philip Lowe -- 18. Testing for Stock Market Overvaluation/Undervaluation / Ellen R. McGrattan and Edward C. Prescott -- 19. A Stochastic Index of the Cost of Life: An Application to Recent and Historical Asset Price Fluctuations / Michael F. Bryan, Stephen G. Cecchetti and Roisin O'Sullivan -- 20. Comments on Empirical Dimensions of Asset Price Bubbles / Andrew J. Filardo -- 21. Bubbles, Inflation, and the Big One: Comments on "A Stochastic Index of the Cost of Life ..." and "Testing for Stock Market Overvaluation/Undervaluation" / Bruce Lehmann -- 22. Globalization and Changing Patterns in Crisis Transmission / Michael D. Bordo and Antu Panini Murshid -- 23. Asset Price Bubbles and Stock Market Interlinkages / Franklin Allen and Douglas Gale -- 24. Banking Policy and Macroeconomic Stability: An Exploration / Gerard Caprio, Jr. and Patrick Honohan -- 25. A Global Perspective on Extreme Currency Linkages / Philipp Hartmann, Stefan Straetmans and Casper de Vries -- 26. Comments: Shifting the Risk after Shifting the Focus / Anna J. Schwartz -- 27. Valuation and New Economy Firms / Steven N. Kaplan -- 28. Home Bias, Transactions Costs, and Prospects for the Euro / Catherine L. Mann and Ellen E. Meade -- 29. Comments on "Valuation and New Economy Firms" / Lawrence Slifman -- 30. Asset Prices in a Flexible Inflation Targeting Framework / Stephen G. Cecchetti, Hans Genberg and Sushil Wadhwani -- 31. Interest Rate Policy Should Not React Directly to Asset Prices / Marvin Goodfriend -- 32. Comments on Implications of Bubbles for Monetary Policy / Benjamin M. Friedman -- 33. The Historical Pattern of Economic Cycles and Their Interaction with Asset Prices and Financial Regulation / Charles A. E. Goodhart -- 34. Asset Price Bubbles and Prudential Regulation / Jeffrey Carmichael and Neil Esho -- 35. The Morning After: Restructuring in the Aftermath of an Asset Bubble / Michael Pomerleano -- 36. Comments on "The Historical Pattern of Economic Cycles and Their Interaction with Asset Prices and Financial Regulation" / Joaquim Vieira Levy -- 37. Comments on "Asset Price Bubbles and Prudential Regulation" / Ramon Moreno -- 38. Comments on "The Morning after ..." / Eric Rosengren -- 39. Banking Provisions and Asset Price Bubbles / Jaime Caruana -- 40. Looking Forward on Monetary and Supervision Policies to Protect against Bubbles / Takatoshi Ito -- 41. Planning to Protect against Asset Bubbles / Vincent R. Reinhart |
| Notes |
Revised papers of a conference sponsored by the Federal Reserve Bank of Chicago and the World Bank |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
| Subject |
Financial crises -- Congresses.
|
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Financial services industry -- Congresses.
|
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Monetary policy -- Congresses.
|
| Genre/Form |
Conference papers and proceedings.
|
| Author |
Kaufman, George G.
|
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Hunter, W. Curt (William Curt)
|
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Pomerleano, Michael.
|
| LC no. |
2002032415 |
| ISBN |
0262083140 |
|
