Tabla de Contenidos:
  • Preface
  • The risk of economic crisis: introduction / Martin Feldstein - THE RISKS OF FINANCIAL CRISES - Views on the likelihood of financial crisis / Benjamin M. Friedman
  • The risk of a financial crisis / E. Gerald Corrigan
  • Financial risks and crises / Irvine H. Sprague
  • The savings and loan story / Norman Strunk
  • When market crash : the consequences of information failure in the market for liquidity / Joseph A. Grundfest
  • Summary of discussion
  • INTERNATIONAL ASPECT OF FINANCIAL CRISES - Financial crises in the international economy / Paul Krugman
  • The hard landing scenario : the anatomy of the "hard landing" / C. Fred Bergsten
  • International financial crisis / Rudiger Dornbusch
  • Intervention coordination and crises / Jacob A. Frenkel
  • International (and interregional) aspects of financial crisies / Charles P. Kindleberger
  • MACROECONOMIC CONSEQUIENCES OF FINANCIAL CIRSES - Planning for the next financial crisis / Lawrence H. Summers
  • The financial instability hypothesis : a clarification / Hyman P. Minsky
  • A personal view on crises and economic cycles / Paul A. Samuelson
  • Macroeconomic effects of financial crises / William Poole
  • Financial crises and macroeconomy / Paul A. Volcker
  • Summary of Discussion