Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks

Author:   Robert J. Shiller (Stanley B. Resor Professor of Economics, Stanley B. Resor Professor of Economics, Yale University)
Publisher:   Oxford University Press
ISBN:  

9780198294184


Pages:   272
Publication Date:   12 March 1998
Format:   Paperback
Availability:   To order   Availability explained
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Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks


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Author:   Robert J. Shiller (Stanley B. Resor Professor of Economics, Stanley B. Resor Professor of Economics, Yale University)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 13.70cm , Height: 1.50cm , Length: 21.50cm
Weight:   0.370kg
ISBN:  

9780198294184


ISBN 10:   0198294182
Pages:   272
Publication Date:   12 March 1998
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

1: Introduction 2: Psychological Barriers 3: Mechanisms for Hedging Long Streams of Income 4: National Income and Labour Income Markets 5: Real Estate and Other Markets 6: The Construction of Index Numbers for Contract Settlement 7: Index Numbers: Issues and Alternatives 8: The Problem of Index Revisions 9: Making It Happen Notes References Author Index Subject Index

Reviews

The book is fresh, provocative, well written, and well argued. I recommend it not only to financial and macro-economists, but to the larger economic community interested in the character and costs of business cycles. Journal of Economic Literature [This] book, unique in its approach...offers an unusual combination of passionate advocacy with precise theoretical reasoning...this book will focus the attention of economists on the idea of constructing risk markets and probably recruit not a few to Schiller's active programme of market creation. The Economic Journal economists


The book is fresh, provocative, well written, and well argued. I recommend it not only to financial and macro-economists, but to the larger economic community interested in the character and costs of business cycles. Journal of Economic Literature [This] book, unique in its approach...offers an unusual combination of passionate advocacy with precise theoretical reasoning...this book will focus the attention of economists on the idea of constructing risk markets and probably recruit not a few to Schiller's active programme of market creation. The Economic Journal economists


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