000			05025cam a2200421 a 4500
999			_c46602 _d46602
003			BJBSDDR
005			20230410115721.0
007			ta
008			110714s2012 nyua b 001 0 eng
020			_a9780199844401 (pbk. : alk. paper)
020			_a0199844402 (pbk. : alk. paper)
020			_a9780199844333 (cloth : alk. paper)
040			_aDLC _cDLC _bspa
041			_aeng
042			_apcc
050	1	4	_aHG 4636 _bN532 2012
082	0	0	_a338.5
245	0	0	_aNew perspectives on asset price bubbles : _btheory, evidence and policy / _cedited by Douglas D. Evanoff, George G. Kaufman and A.G. Malliaris.
260			_aNew York : _bOxford University Press, _c2012.
300			_axviii, 462 p. : _bill. ; _c24 cm.
504			_aIncludes bibliographical references and index.
505			_aIntroduction ; 1. New Perspectives on Asset Price Bubbles: An Overview ; Douglas D. Evanoff, George G. Kaufman and A.G. Malliaris ; Bubbles: Theory and Evidence ; 2. Churning Bubbles ; Franklin Allen and Gary Gorton. Seminal research paper: The Review of Economic Studies, Volume 60 (1993). ; 3. Rethinking Theoretical Models of Bubbles: Reflections Inspired by the Financial Crisis and the Allen and Gorton's Paper on Churning Bubbles ; Gadi Barlevy ; Consequences of Bubbles Bursting ; 4. The Japanese Banking Crisis: Where Did it Come From and How Will it End? Takeo Hoshi and Anil K. Kashyap. Seminal research paper: NBER Macroeconomics Annual 1999, vol 14 (2000). ; 5. The Impact of the International Financial Crisis on Asia and the Pacific: Highlighting Monetary Policy Challenges from an Asset Price Bubble Perspective ; Andrew Filardo ; Bubbles and Monetary Policy ; 6. Monetary Policy and Asset Price Volatility ; Ben Bernanke and Mark Gertler. Seminal research paper: Economic Review, Federal Reserve Bank of Kansas City (1999). ; 7. Monetary Policy and Asset price Volatility: Should We Refill the Bernanke-Gertler Prescription? ; Kenneth N. Kuttner ; Bubbles and Macroprudential Regulation ; 8. Towards a Macroprudential Framework for Financial Supervision and Regulation? http://www.bis.org/publ/work128.pdf ; Claudio Borio. Seminal research paper: CESifo Economic Studies, Volume 49 (2003). ; 9. Bank Liquidity and Bubbles: Why Central Banks Should Lean Against Liquidity ; Viral V. Acharya and Hassan Naqvi ; Bubbles: Behavioral Explanations ; 10. Overconfidence and Speculative Bubbles ; Jose A. Scheinkman and Wei Xiong. Seminal research paper: Journal of Political Economy, Volume 111 (2003). ; 11. Asset Bubbles: Insights from Behavioral Finance ; Werner De Bondt ; Bubbles: Keynote Presentations ; 12. An Old Perspective on Asset Price Bubbles Policy ; William Poole ; 13. Struggling to Escape From 'Assumption 14' ; Benjamin M. Friedman ; New Ideas on Asset Price Bubbles ; 14. Monetary Policy and Stock Market Booms ; Lawrence J. Christiano, Cosmin Ilut, Roberto Motto, and Massimo Rostagno ; 15. Leverage and Bubbles: The Need to Manage the Leverage Cycle ; John Geanakoplos ; Asset Bubbles, Central Banks and Investments ; 16. Asset Price Bubbles and Central Bank Policies: The Crash of the Jackson Hole Consensus ; A. G. Malliaris ; 17. Do Bubbles Lead to Overinvestment? A Revealed Preference Approach ; Robert Chirinko and Huntley Schaller
520			_aThis unique and thoughtfully constructed volume systematically reconsiders recent classic contributions to formal theoretical modeling of asset pricing bubbles. The originality and comprehensiveness of the collection is as impressive as the star-studded cast of contributors. A must read for anyone trying to come to grips with the new directions in monetary policy and macroprudential financial regulation. * Charles W. Calomiris, Columbia Business School * Perhaps the most important, but most intractable, question for monetary policy today is whether, and if so how, a Central Bank should lean against a strong asset price boom. This book collects contributions from the best and brightest economists in the field to discuss this issue. I thoroughly recommend it. * C. Goodhart, London School of Economics * The experience of the last several years has reminded us that central banks face no greater challenge than maintaining financial stability. This volume does a masterful and innovative job of bringing the reader up to date on the issues and also offering interesting and balanced new perspectives. * Mark Gertler, New York University
650		0	_aStocks _xPrices.
650		0	_aSecurities _xPrices.
650		0	_aCapital market.
650		0	_aFinancial crises.
650		0	_aMonetary policy.
650		4	_aAcciones (Bolsa) _91223 _xPrecios
650		4	_aBolsa de valores _xPrecios _923110
650		4	_aMercado de capitales _93695
650		4	_aCrisis financiera _91793
650		4	_aPolítica monetaria _91662
700	1		_aEvanoff, Douglas D. _q(Douglas Darrell), _d1951- _923111 _eeditor
700	1		_aKaufman, George G. _923112 _eeditor
700	1		_aMalliaris, Anastasios G. _923113 _eeditor
942			_2lcc _cBK