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After the Flood
How the Great Recession Changed Economic Thought
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Edited by:
Edward Glaeser
Language:
English
Published/Copyright:
2017
About this book
The past three decades have been characterized by vast change and crises in global financial markets—and not in politically unstable countries but in the heart of the developed world, from the Great Recession in the United States to the banking crises in Japan and the Eurozone. As we try to make sense of what caused these crises and how we might reduce risk factors and prevent recurrence, the fields of finance and economics have also seen vast change, as scholars and researchers have advanced their thinking to better respond to the recent crises.
A momentous collection of the best recent scholarship, After the Flood illustrates both the scope of the crises’ impact on our understanding of global financial markets and the innovative processes whereby scholars have adapted their research to gain a greater understanding of them. Among the contributors are José Scheinkman and Lars Peter Hansen, who bring up to date decades of collaborative research on the mechanisms that tie financial markets to the broader economy; Patrick Bolton, who argues that limiting bankers’ pay may be more effective than limiting the activities they can undertake; Edward Glaeser and Bruce Sacerdote, who study the social dynamics of markets; and E. Glen Weyl, who argues that economists are influenced by the incentives their consulting opportunities create.
A momentous collection of the best recent scholarship, After the Flood illustrates both the scope of the crises’ impact on our understanding of global financial markets and the innovative processes whereby scholars have adapted their research to gain a greater understanding of them. Among the contributors are José Scheinkman and Lars Peter Hansen, who bring up to date decades of collaborative research on the mechanisms that tie financial markets to the broader economy; Patrick Bolton, who argues that limiting bankers’ pay may be more effective than limiting the activities they can undertake; Edward Glaeser and Bruce Sacerdote, who study the social dynamics of markets; and E. Glen Weyl, who argues that economists are influenced by the incentives their consulting opportunities create.
Author / Editor information
Edward L. Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard University, where he also directs the Taubman Center for State and Local Government at the John F. Kennedy School of Government and the Rappaport Institute for Greater Boston. Tano Santos is the David L. and Elsie M. Dodd Professor of Finance and codirector of the Heilbrunn Center for Graham and Dodd Investing at Columbia Business School, Columbia University. E. Glen Weyl is a senior researcher at Microsoft Research New York City and a visiting senior research scholar in the Department of Economics at Yale University and at Yale Law School.
Reviews
“After the Flood covers an impressive breadth of topics—fitting for a book in honor of well-respected economist José Sheinkman’s contributions. Many of the essays deal with an important topic in Sheinkman’s recent research: the regulation and social value of financial institutions. Leading scholars in the field—some of them Scheinkman’s collaborators, including Tano Santos, Patrick Bolton, Albert S. Kyle, Aloisio Araujo, Rafael Ferreira, and Bruno Funchal—provide thoughtful essays, which will significantly advance the field.”
— Eduardo Azevedo, Wharton School, University of Pennsylvania“For this important collection of essays in honor of José Sheinkman, the editors have brought together a truly impressive team of international contributors who, together, provide a coherent, thought-provoking, and well-written analysis of the causes of the recent financial crises. After the Flood will be tremendously useful to researchers and graduate students.”
— Alberto Bisin, New York UniversityTopics
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Edward L. Glaeser, Tano Santos and E. Glen Weyl Requires Authentication Unlicensed Licensed |
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Lars Peter Hansen and José A. Scheinkman Requires Authentication Unlicensed Licensed |
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Patrick Bolton Requires Authentication Unlicensed Licensed |
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Albert S. Kyle Requires Authentication Unlicensed Licensed |
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Aloisio Araujo, Rafael Ferreira and Bruno Funchal Requires Authentication Unlicensed Licensed |
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Tano Santos Requires Authentication Unlicensed Licensed |
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Conghui Hu and Wei Xiong Requires Authentication Unlicensed Licensed |
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Edward L. Glaeser and Bruce Sacerdote Requires Authentication Unlicensed Licensed |
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E. Glen Weyl Requires Authentication Unlicensed Licensed |
277 |
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303 |
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
October 21, 2019
eBook ISBN:
9780226443683
Pages and Images/Illustrations in book
eBook ISBN:
9780226443683
Keywords for this book
great recession; economic; economy; finance; money; economics; professor; academic; scholarly; educational; college; university; research; analysis; global; international; markets; marketplace; developed world; industry; industrial; essay collection; anthology; japan; banking; crises; crisis; eurozone; risk; scholarship; jose scheinkman; lars peter hansen; collaborative; interdisciplinary; economists; edward glaeser; social; bruce sacerdote; society; congress; capital; pricing
Audience(s) for this book
For an expert adult audience, including professional development and academic research
