Faculty Books

Robert J. Shiller
Oxford University Press | June 1993 | ISBN: 9780198287827
Winner of the First Paul A. Samuelson Award, TIAA-CREF, 1996 — Arguing that we have largely inadequate financial markets, dealing with relatively small risks, Robert Shiller makes a unique set of proposals for marketizing the biggest economic risks faced by society today, risks that really matter...
Peter C. B. Phillips
Basil Blackwell | January 1993 | ISBN: 1557861102
(Editor) This volume of essays has been assembled to honor Rex Bergstrom as a Festschrift on the occasion of his sixty-fifth birthday. The scholars who have contributed to the volume form a truly international group. Some have had the good fortune to study under Rex and learn directly from his...
Robert J. Shiller
The Century Foundation | October 1992 | ISBN: 087078330 & 9780870783302
Managers of firms whose shares are traded find themselves operating under wrong incentives (making decisions in light of anticipated effects on the market rather than the true value of their company) and securities’ values are often removed from their true value, causing costly and unnecessary...
William D. Nordhaus
MIT Press | October 1991 | ISBN: 0262023253 & 9780262023252
(edited with William C. Brainard and Harold W. Watts)  These essays all focus on and present new work in areas of research that Franco Modigliani has developed during his career — corporate finance, savings behavior, and macroeconomic theory. They are substantive contributions to the literature as...
William C. Brainard
MIT Press | October 1991 | ISBN: 0262023253 & 9780262023252
(edited with William D. Nordhaus and Harold W. Watts)  These essays all focus on and present new work in areas of research that Franco Modigliani has developed during his career — corporate finance, savings behavior, and macroeconomic theory. They are substantive contributions to the literature as...
Martin Shubik
Kluwer Academic Publishers | January 1991 | ISBN: 978-1858982410
(Editor)  Growth of the electric industry Electric generating stations and the associated transmission and distribution systems are high ticket items as are the costs of fuel and of operating the industry. The country presently spends about $150 billion annually on electricity. It is the country...
Robert J. Shiller
MIT Press | March 1990 | ISBN: 026219290X
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...
James Tobin
MIT Press | February 1989 | ISBN: 0262700360
(Edited by Peter M. Jackson)  In these timely essays, Nobel prize­winning economist James Tobin shows how Keynesian economics offers corrective treatment for the economic ailments we have faced under the Ford, Carter, and Reagan administrations. Essays in the first part of the book focus on theory...
James Tobin
MIT Press | June 1988 | ISBN: 9780262700344
(Edited with Murray Weidenbaum)  The juxtaposition of Kennedy and Reagan approaches to economic problems is particularly instructive in that they express the two major — and quite different — approaches of macroeconomic policy in the past three decades: the 1962 Kennedy Camelot which relied on...
Truman F. Bewley
Cambridge University Press | November 1987 | ISBN: 0521344301 & 0521345529
(Editor)  These two volumes, with their focus on econometrics, contain papers delivered at the Fifth World Congress held in 1985. Designed to make material accessible to a general audience of economists, these papers should be helpful to anyone with training in economics who wishes to follow new...

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