Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks

by Robert J. Shiller

Book Overview

Arguing that we have largely inadequate financial markets, dealing with relatively small risks, Robert Shiller makes a unique set of proposals for marketizing the biggest economic risks faced by society today, risks that really matter to most people. The new markets could diminish the impact of international economic fluctuations and reduce the inequality of wealth. He proposes new international markets for claims on national incomes, on components...

• Format: Paperback
• Language: English
• ISBN: 0198294182
• ISBN13: 9780198294184
• Release Date: June 1998
• Publisher: Oxford University Press, USA
• Length: 272 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.6" x 6.4" x 8.7"