Coverart for item
The Resource Irrational exuberance, Robert J. Shiller

Irrational exuberance, Robert J. Shiller

Label
Irrational exuberance
Title
Irrational exuberance
Statement of responsibility
Robert J. Shiller
Creator
Contributor
Author
Subject
Genre
Language
eng
Summary
"In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize-winning economist Robert Shiller, who warned of both the tech and housing bubbles, now cautions that signs of irrational exuberance among investors have only increased since the 2008-9 financial crisis. With high stock and bond prices in the United States, and rising housing prices in many countries, the post-subprime boom may well turn out to be another illustration of Shiller's influential argument that psychologically driven volatility is an inherent characteristic of all asset markets. In other words, Irrational Exuberance is as relevant as ever. But Irrational Exuberance is about something far more important than the current situation in any given market because the book explains the forces that move all markets up and down. It shows how investor euphoria can drive asset prices up to dizzying and unsustainable heights, and how, at other times, investor discouragement can push prices down to very low levels. Previous editions covered the stock and housing markets--and famously predicted their crashes. This new edition expands its coverage to include the bond market, so that the book now addresses all of the major investment markets. This edition also includes updated data throughout, as well as Shiller's 2013 Nobel Prize lecture, which puts the book in broader context. In addition to diagnosing the causes of asset bubbles, Irrational Exuberance recommends urgent policy changes to lessen their likelihood and severity--and suggests ways that individuals can decrease their risk before the next bubble bursts. No one whose future depends on a retirement account, a house, or other investments can afford not to read it"--Provided by publisher
Cataloging source
EBLCP
http://library.link/vocab/creatorName
Shiller, Robert J
Illustrations
illustrations
Index
index present
Language note
In English
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
Shiller, Robert J
http://library.link/vocab/subjectName
  • Stocks
  • Stock exchanges
  • Stocks
  • Real property
  • Risk
  • Dow Jones industrial average
  • BUSINESS & ECONOMICS
  • BUSINESS & ECONOMICS
  • Dow Jones industrial average
  • Real property
  • Risk
  • Stock exchanges
  • Stocks
  • Stocks
  • United States
Label
Irrational exuberance, Robert J. Shiller
Instantiates
Publication
Copyright
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 321-338) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
One. The Stock Market in Historical Perspective -- Two. The Bond Market in Historical Perspective -- Three. The Real Estate Market in Historical Perspective -- Four. Precipitating Factors: The Internet, the Capitalist Explosion, and Other Events -- Five. Amplification Mechanisms: Naturally Occurring Ponzi Processes -- Six. The News Media -- Seven. New Era Economic Thinking -- Eight. New Eras and Bubbles around the World -- Nine. Psychological Anchors for the Market -- Ten. Herd Behavior and Epidemics -- Eleven. Efficient Markets, Random Walks, and Bubbles -- Twelve. Investor Learning-and Unlearning -- Thirteen. Speculative Volatility in a Free Society -- Appendix. Nobel Prize Lecture: Speculative Asset Prices
Control code
ocn898770039
Dimensions
unknown
Edition
Revised and expanded third edition
Extent
1 online resource (358 pages)
File format
unknown
Form of item
online
Isbn
9781400865536
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
JSTOR
Other control number
  • 40024532521
  • 10.1515/9781400865536
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 22573/cttpnmw80
  • de200e49-4ae0-410c-84d8-7fcb00dab716
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)898770039
Label
Irrational exuberance, Robert J. Shiller
Publication
Copyright
Antecedent source
unknown
Bibliography note
Includes bibliographical references (pages 321-338) and index
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
One. The Stock Market in Historical Perspective -- Two. The Bond Market in Historical Perspective -- Three. The Real Estate Market in Historical Perspective -- Four. Precipitating Factors: The Internet, the Capitalist Explosion, and Other Events -- Five. Amplification Mechanisms: Naturally Occurring Ponzi Processes -- Six. The News Media -- Seven. New Era Economic Thinking -- Eight. New Eras and Bubbles around the World -- Nine. Psychological Anchors for the Market -- Ten. Herd Behavior and Epidemics -- Eleven. Efficient Markets, Random Walks, and Bubbles -- Twelve. Investor Learning-and Unlearning -- Thirteen. Speculative Volatility in a Free Society -- Appendix. Nobel Prize Lecture: Speculative Asset Prices
Control code
ocn898770039
Dimensions
unknown
Edition
Revised and expanded third edition
Extent
1 online resource (358 pages)
File format
unknown
Form of item
online
Isbn
9781400865536
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Note
JSTOR
Other control number
  • 40024532521
  • 10.1515/9781400865536
Other physical details
illustrations
http://library.link/vocab/ext/overdrive/overdriveId
  • 22573/cttpnmw80
  • de200e49-4ae0-410c-84d8-7fcb00dab716
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
(OCoLC)898770039

Library Locations

    • Copley LibraryBorrow it
      5998 Alcalá Park, San Diego, CA, 92110-2492, US
      32.771354 -117.193327
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