内容

目次

List of Contributors. Introduction (G. Kaufman). Part I. Bubbles,crashes and failed paradigms in central banking (H. Bernard, J. Bisignano).Measuring the bubble in mature and emerging equity markets (G.G.H. Garcia). Amodel of financial crisis with applications to real estate bubbles and Asia(N Sarkar, R. Van Order). Comment (T.F. Cargill). Comment (G. Caprio). PartII. Should monetary policy respond to asset price bubbles? Some experimentalresults (A. Filardo). Are there rational bubbles in the U.S. stock market? Anoverview and a new test (R.Bhar, A.G. Malliaris). How good are EU depositinsurance schemes in a bubble environment? (M.J.B. Hall). Comment (E.Rosengren). Comment (H. Rosenblum). Part III. Financial liberalization, assetinflation and monetary policy in Japan (T. Cargill). Is the federal reservestock market bubble-neutral? (M.D. Hayford, A.G.Malliaris).