- Hardcover
- Used

Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)
AbeBooks seller since December 20, 2007
Condition: Used - Good
£ 3.25
Quantity: 1 available
Add to basketSeller Inventory # 00106244604
- Title
- Market Volatility
- Author
- Robert J Shiller
- Publisher
- MIT Press Ltd
- Publication year
- 1990
- Condition
- Good
- Binding
- Hardback
- Language
- English
- ISBN 10
- 026219290X
- ISBN 13
- 9780262192903
Why does the stock market crash from time to time? Why does real estate go in and out of booms? Why do long term borrowing rates suddenly make surprising shifts? Market Volatility represents a culmination of Shiller's research on these questions over the last dozen years. It contains reprints of major papers with new interpretive material for those unfamiliar with the issues, new papers, new surveys of relevant literature, responses to critics, data sets, and reframing of basic conclusions. Includes is work authored jointly with John Y. Campbell, Karl E. Case, Sanford J. Grossman, and Jeremy J. Siegel.
Market Volatility sets out basic issues relevant to all markets in which prices make movements for speculative reasons and offers detailed analyses of the stock market, the bond market, and the real estate market. It pursues the relations of these speculative prices and extends the analysis of speculative markets to macroeconomic activity in general.
In studies of the October 1987 stock market crash and boom and post-boom housing markets, Market Volatility reports on research directly aimed at collecting information about popular models and interpreting the consequences of belief in those models. Shiller asserts that popular models cause people to react incorrectly to economic data and believes that changing popular models themselves contribute significantly to price movements bearing no relation to fundamental shocks.
Robert J. Shiller is Stanley B. Resor Professor of Economics at the Cowles Foundation, Yale University.
"Synopsis" may belong to another edition of this title.
Review
-- Richard A. Grasso, President and Chief Operating Officer, New York Stock Exchange
" Shiller's book should be read by anyone with a serious interest in the functioning of markets." -- Richard A. Grasso, President and Chief Operating Officer, New York Stock Exchange
" A specter haunts modern economics: 'individual stocks perform random walks in efficient markets, but the level of the whole market displays no demonstrable efficiency.' Bob Shiller is the key economist in this great debate. Buy his book and think on its contents. Learn what the October 1987 crash was all about." -- Paul Samuelson, Institute Professor, MIT
& quot; Shiller's book should be read by anyone with a serious interest in the functioning of markets.& quot; -- Richard A. Grasso, President and Chief Operating Officer, New York Stock Exchange
& quot; A specter haunts modern economics: 'individual stocks perform random walks in efficient markets, but the level of the whole market displays no demonstrable efficiency.' Bob Shiller is the key economist in this great debate. Buy his book and think on its contents. Learn what the October 1987 crash was all about.& quot; -- Paul Samuelson, Institute Professor, MIT
"A specter haunts modern economics: 'individual stocks perform random walks in efficient markets, but the level of the whole market displays no demonstrable efficiency.' Bob Shiller is the key economist in this great debate. Buy his book and think on its contents. Learn what the October 1987 crash was all about."--Paul Samuelson, Institute Professor, MIT
"Shiller's book should be read by anyone with a serious interest in the functioning of markets."--Richard A. Grasso, President and Chief Operating Officer, New York Stock Exchange
"About the title" may belong to another edition of this title.
World of Books (was SecondSale)
Montgomery, IL, U.S.A.
AbeBooks seller since December 20, 2007
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Founded in 2002, World of Books is a leading online destination for buying and selling both preloved and new books, committed to making sustainable reading accessible to all. With a mission to help people read more and waste less, World of Books offers a huge range of affordable, high-quality books — giving both new and preloved titles a second life. The company also operates World of Books – Sell Your Books, an easy-to-use platform that allows customers to trade in unwanted books for cash, helping to keep books in circulation while promoting sustainability. As a Certified B Corp, World of Books is driven by a vision to become the world’s largest and most sustainable dedicated online bookstore. The company measures its success through the positive environmental impact it creates, the value it provides to customers, and its ability to operate profitably while supporting its sustainable mission …
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