Reforming U.S. financial markets : reflections before and beyond Dodd-Frank / Randall S. Kroszner and Robert J. Shiller ; the Alvin Hansen Symposium on Public Policy, Harvard University ; edited and with an introduction by Benjamin M. Friedman.

Format:

Book

Conference/Event

Author/Creator:

Alvin Hansen Symposium on Public Policy, Corporate Author.

Contributor:

Kroszner, Randy.

Shiller, Robert J.

Friedman, Benjamin M.

Conference Name:

Alvin Hansen Symposium on Public Policy (5th : 2009 : Harvard University)

Alvin Hansen Symposium on Public Policy.

Series:

Alvin Hansen Symposium Series on Public Policy

Language:

English

Subjects (All):

Finance--United States--Congresses.

Finance.

Financial crises--United States--Congresses.

Financial crises.

Global Financial Crisis, 2008-2009--Congresses.

Global Financial Crisis, 2008-2009.

United States--Economic policy--21st century--Congresses.

United States.

Physical Description:

1 online resource (171 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, Mass. : MIT Press, ©2011.

Language Note:

English

Summary:

"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"--Publisher's description.

Contents:

Cover ; Contents; Introduction; 1 Democratizing and Humanizing Finance; 2 Making Markets More Robust; 3 Comments; 4 Responses; 5 Rejoinder; Contributors; Index

Notes:

Includes bibliographical references and index.

Papers and discussions presented at the fifth Alvin Hansen Symposium on Public Policy, held at Harvard University on April 30, 2009.

OCLC-licensed vendor bibliographic record.

ISBN:

0-262-29490-7

1-283-02019-X

9786613020192

0-262-29595-4

OCLC:

710992757

Publisher Number:

9786613020192