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Sinossi
Two top economists outline distinctive approaches to post-crisis financial reform.
Over the last few years, the financial sector has experienced its worst crisis since the 1930s. The collapse of major firms, the decline in asset values, the interruption of credit flows, the loss of confidence in firms and credit market instruments, the intervention by governments and central banks: all were extraordinary in scale and scope. In this book, leading economists Randall Kroszner and Robert Shiller discuss what the United States should do to prevent another such financial meltdown. Their discussion goes beyond the nuts and bolts of legislative and regulatory fixes to consider fundamental changes in our financial arrangements.
Kroszner and Shiller offer two distinctive approaches to financial reform, with Kroszner providing a systematic analysis of regulatory gaps and Shiller addressing the broader concerns of democratizing and humanizing finance. After brief discussions by four commentators (Benjamin M. Friedman, George G. Kaufman, Robert C. Pozen, and Hal S. Scott), Kroszner and Shiller each offer a response to the other's proposals, creating a fruitful dialogue between two major figures in the field.
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Informazioni sull?autore
Robert J. Shiller is Arthur M. Okun Professor of Economics at Yale University.He is the author of Irrational Exuberance, Animal Spirits:How Human Psychology Drives the Economy and Why It Matters for GlobalCapitalism (with George B. Akerlof), and other books.
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Reforming U.S. Financial Markets â" Reflections Before and Beyond Doddâ"Frank (Alvin Hansen Symposium on Public Policy at Harvard University)
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Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank (Alvin Hansen Symposium on Public Policy at Harvard University)
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MIT Press, 2011
ISBN 10: 0262015455
ISBN 13: 9780262015455
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Condizione: As New. Signed Copy First edition copy. . Very Good dust jacket. Inscribed by co-author Randall S. Kroszner on front endpage. Codice articolo J13OS-00071
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Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank (Alvin Hansen Symposium on Public Policy at Harvard University)
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REFORMING US FINANCIAL MARKETS
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