文档介绍：Asset Price Bubbles:
The Implications for ary,
Regulatory, and International Policies
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Asset Price Bubbles:
The Implications for ary,
Regulatory, and International Policies
edited by
William C. Hunter
Federal Reserve Bank of Chicago
e G. Kaufman
Loyola University Chicago
and
Federal Reserve Bank of Chicago
Michael Pomerleano
World Bank Group
The MIT Press
Cambridge, Massachusetts
London, England
© 2003 Massachusetts Institute of Technology
All rights reserved. No part of this book may be reproduced in any form by any electronic or
mechanical means (including photocopying, recording, or information storage and retrieval)
without permission in writing from the publisher.
Set in Times by Sztrecska Publishing for The MIT Press.
Printed and bound in the United States of America.
Library of Congress Cataloging-in-Publication Data
Asset price bubbles : implications for ary, regulatory, and international policies /
edited by William C. Hunter, e G. Kaufman, Michael Pomerleano.
p. cm.
Revised papers of a conference sponsored by the Federal Reserve Bank of Chicago and
the World Bank.
Includes bibliographical references and index.
ISBN 0-262-08314–0 (hc. : alk. paper)
1. Financial crises—Congresses. 2. Financial services industry—Congresses. 3.
ary policy—Congresses. I. Hunter, W. Curt (William Curt). II. Kaufman, e
G. III. Pomerleano, Michael.
HB3722 .A884 2003
42—dc21 2002032415
Table of Contents
Acknowledgements .................................................................................................. ix
Preface ...................................................................................................................... xi
Overview................................................................................................................. xiii
Part I: Keynote Addresses
1 Asset Price Bubbles, Information, and Public Policy
Randall S. Kroszner ........