Readership: Academics and business economists interested in monetary issues. Commentators and policy-makers. Economic and financial journalists.
Robert J. Shiller, Stanley B. Resor Professor of Economics, Yale University
"The book is fresh, provocative, well written, and well argued. I recommend it not only to financial and macro-economists, but to the larger economic community interested in the character and costs of business cycles." - Journal of Economic Literature
"[This] book, unique in its approach...offers an unusual combination of passionate advocacy with precise theoretical reasoning...this book will focus the attention of economists on the idea of constructing risk markets and probably recruit not a few to Schiller's active programme of market creation." - The Economic Journal economists
1: Introduction 2: Psychological Barriers 3: Mechanisms for Hedging Long Streams of Income 4: National Income and Labour Income Markets 5: Real Estate and Other Markets 6: The Construction of Index Numbers for Contract Settlement 7: Index Numbers: Issues and Alternatives 8: The Problem of Index Revisions 9: Making It Happen Notes References Author Index Subject Index
