WorldCat Identities

Shiller, Robert J.

Works: 491 works in 1,894 publications in 9 languages and 31,073 library holdings
Genres: History  Documentary films  Conference papers and proceedings  Nonfiction films 
Roles: Author, Other, Organizer of meeting, Author of introduction, wpr, Contributor, Creator, Editor
Publication Timeline
Most widely held works about Robert J Shiller
Most widely held works by Robert J Shiller
Irrational exuberance by Robert J Shiller( Book )

126 editions published between 2000 and 2016 in 5 languages and held by 4,660 WorldCat member libraries worldwide

"Robert J. Shiller offers an unconventional interpretation of recent U.S. stock market highs and shows that Alan Greenspan's term "irrational exuberance" is a good description of the mood behind the market. He warns that poorer performance may be in the offing and tells us how we - as a society and individually - can respond." "Irrational Exuberance is for individual investors as well as investment professionals, pension-plan sponsors, and endowment managers everywhere. It will be studied by policy makers and anyone from Wall Street to Main Street who doesn't want to be caught sitting on the speculative bubble if (or when) it bursts."--Jacket
The subprime solution : how today's global financial crisis happened and what to do about it by Robert J Shiller( Book )

41 editions published between 2008 and 2012 in English and held by 2,687 WorldCat member libraries worldwide

The subprime mortgage crisis of 2007-2008 has already wreaked havoc on the lives of millions and threatens to derail the U.S. economy and economies around the world. Here, economist Robert Shiller reveals the origins of this crisis and puts forward bold measures to solve it. He calls for an aggressive response--a restructuring of the institutional foundations of the financial system that will not only allow people once again to buy and sell homes with confidence, but will create the conditions for greater prosperity in America and throughout the deeply interconnected world economy.--From publisher description
The new financial order : risk in the 21st century by Robert J Shiller( Book )

31 editions published between 2003 and 2008 in 3 languages and held by 1,966 WorldCat member libraries worldwide

Examines the impact of a rapidly evolving global economy on the twenty-first century financial world and presents six fundamental principles for using information technology and advanced financial theory to hedge risk
Reforming U.S. financial markets : reflections before and beyond Dodd-Frank by Randy Kroszner( )

23 editions published between 2011 and 2013 in English and Italian and held by 1,911 WorldCat member libraries worldwide

Papers and discussions presented at the fifth Alvin Hansen Symposium on Public Policy, held at Harvard University on April 30, 2009
Macro markets : creating institutions for managing society's largest economic risks by Robert J Shiller( )

55 editions published between 1993 and 2007 in 3 languages and held by 1,907 WorldCat member libraries worldwide

Such new markets could dwarf our stock markets in their activity and significance
Finance and the good society by Robert J Shiller( Book )

49 editions published between 2012 and 2016 in 5 languages and held by 1,905 WorldCat member libraries worldwide

The reputation of the financial industry could hardly be worse than it is today in the painful aftermath of the 2008 financial crisis. "New York Times" best-selling economist Robert Shiller is no apologist for the sins of finance - he is probably the only person to have predicted both the stock market bubble of 2000 and the real estate bubble that led up to the subprime mortgage meltdown. But in this important and timely book, Shiller argues that, rather than condemning finance, we need to reclaim it for the common good. He makes a powerful case for recognizing that finance, far from being a parasite on society, is one of the most powerful tools we have for solving our common problems and increasing the general well-being. We need more financial innovation - not less - and finance should play a larger role in helping society achieve its goals. Challenging the public and its leaders to rethink finance and its role in society, Shiller argues that finance should be defined not merely as the manipulation of money or the management of risk but as the stewardship of society's assets. He explains how people in financial careers - from CEO, investment manager, and banker to insurer, lawyer, and regulator - can and do manage, protect, and increase these assets. He describes how finance has historically contributed to the good of society through inventions such as insurance, mortgages, savings accounts, and pensions, and argues that we need to envision new ways to rechannel financial creativity to benefit society as a whole. Ultimately, Shiller shows how society can once again harness the power of finance for the greater good
Animal spirits : how human psychology drives the economy, and why it matters for global capitalism by George A Akerlof( Book )

43 editions published between 2009 and 2010 in 3 languages and held by 1,865 WorldCat member libraries worldwide

The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, 'animal spirits' are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government - simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life - such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes - and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. "Animal Spirits" offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits - the powerful forces of human psychology that are afoot in the world economy today
Phishing for phools : the economics of manipulation and deception by George A Akerlof( Book )

22 editions published between 2015 and 2016 in English and held by 1,599 WorldCat member libraries worldwide

Akerlof and Shiller argue that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Based on the intuitive idea that markets both give and take away, they show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. In exploring the role of manipulation and deception, the authors explain a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation
Market volatility by Robert J Shiller( Book )

48 editions published between 1989 and 2014 in 3 languages and held by 1,473 WorldCat member libraries worldwide

These data and/or computer programs are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the INVESTIGATOR(S) if further information is desired
Narrative economics : how stories go viral & drive major economic events by Robert J Shiller( Book )

31 editions published between 2019 and 2020 in English and French and held by 1,264 WorldCat member libraries worldwide

"Economists have long based their forecasts on financial aggregates such as price-earnings ratios, asset prices, and exchange rate fluctuations, and used them to produce statistically informed speculations about the future--with limited success. Robert Shiller employs such aggregates in his own forecasts, but has famously complemented them with observations about the influence of mass psychology on certain events. This approach has come to be known as behavioral economics. How can economists effectively capture the effects of psychology and its influence on economic events and change? Shiller attempts to help us better understand how psychology affects events by explaining how popular economic stories arise, how they grow viral, and ultimately how they drive economic developments. After defining narrative economics in the book's preface with allusions to the advent of both the Great Depression and to World War II, Shiller presents an example of a recent economic narrative gone viral in the story of Bitcoin. Next, he explains how narrative economics works with reference to how other disciplines incorporate narrative into their analyses and also to how epidemiology explains how disease goes viral. He then presents accounts of recurring economic narratives, including the gold standard, real estate booms, war and depression, and stock market booms and crashes. He ends his book with a blueprint for future research by economists on narrative economics"--
The flaw : markets, money, mortgages, and the great American meltdown by David Sington( Visual )

7 editions published between 2010 and 2012 in English and held by 451 WorldCat member libraries worldwide

Inspired by former U.S. Fed Chairman Alan Greenspan's acknowledgment that he'd found a flaw in his model of how the world worked, 'The flaw' attempts to explain the underlying causes of the financial crisis in more depth than any documentary to date. The film tells the story of the credit bubble that caused the financial crash, and presents an original and compelling account of the toxic combination of forces that nearly destroyed the world economy
Comparing wealth effects : the stock market versus the housing market by Karl E Case( )

22 editions published in 2001 in English and held by 144 WorldCat member libraries worldwide

We examine the link between increases in housing wealth, financial wealth, and consumer spending. We rely upon a panel of 14 countries observed annually for various periods during the past 25 years and a panel of U.S. states observed quarterly during the 1980s and 1990s. We impute the aggregate value of owner-occupied housing, the value of financial assets, and measures of aggregate consumption for each of the geographic units over time. We estimate regressions relating consumption to income and wealth measures, finding a statistically significant and rather large effect of housing wealth upon household consumption
Moral hazard in home equity conversion by Robert J Shiller( )

17 editions published between 1998 and 2001 in English and held by 144 WorldCat member libraries worldwide

Home equity conversion as presently constituted or proposed usually does not deal well with the potential problem of moral hazard. Once home-owners know that the risk of poor market performance of their homes is borne by investors, they have an incentive to neglect to take steps to maintain the homes' values. They may thus create serious future losses for the investors. A calibrated model for assessing this moral hazard risk is presented that is suitable for a number of home equity conversion forms: 1) reverse mortgages, 2) home equity insurance, 3) shared appreciation mortgages, 4) housing partnerships, 5) shared equity mortgages and 6) sale of remainder interest. Modifications of these forms involving real estate price indices are proposed that might deal better with the problem of moral hazard
A scorecard for indexed government debt by John Y Campbell( )

21 editions published in 1996 in English and held by 143 WorldCat member libraries worldwide

Abstract: Within the last five years, Canada, Sweden and New Zealand have joined the ranks of the United Kingdom and other countries in issuing government bonds that are indexed to inflation. Some observers of the experience in these countries have argued that the United States should follow suit. This paper provides an overview of the issues surrounding debt indexation, and it tries to answer three empirical questions about indexed debt. First, how different would the returns on indexed bonds be from the returns on existing US debt instruments? Second, how would indexed bonds affect the government's average financing costs? Third, how might the Federal Reserve be able to use the information contained in the prices of indexed bonds to help formulate monetary policy? The paper concludes with a more speculative discussion of the possible consequences of increased use of indexed debt contracts by the private sector
World income components : measuring and exploiting international risk sharing opportunities by Robert J Shiller( )

22 editions published between 1995 and 2001 in English and held by 139 WorldCat member libraries worldwide

We provide methods of decomposing the variance of world national incomes into components in such a way as to indicate the most important risk-sharing opportunities, and, therefore, the most important missing international risk markets to establish. One method uses a total variance reduction criterion, and identifies risk-sharing opportunities in terms of eigenvectors of a variance matrix of residuals produced when country incomes are regressed on world income. Another method uses a mean-variance utility-maximizing criterion and identifies risk-sharing opportunities in terms of eigenvectors of a variance matrix of deviations of country incomes from their respective contract-year shares of world income. The two methods are applied using Summers-Heston (1991) data on national incomes for large countries 1950-1990, each using two different methods of estimating variances. While these data are not sufficient to provide accurate estimates of the requisite variance matrices of (transformed) national incomes, the results are suggestive of important new markets that could actually be created, and show that there may be large welfare gains to creating some of these markets
Designing indexed units of account by Robert J Shiller( )

15 editions published between 1998 and 1999 in English and held by 139 WorldCat member libraries worldwide

An indexed unit of account is a unit of measurement defined using an index such as a consumer price index so that prices defined in terms of these units will automatically adjust to changing economic conditions. Evidence on sticky prices and money illusion, and evidence from countries (notably Chile) that have created indexed units of account, suggests that creating such units is an important policy option for governments in countries with unstable price levels. A model is given that shows the dynamics of money prices when prices are expressed in the units. Results from the model suggest some design elements for an indexed unit of account: institutions to promote broad use of the unit for pricing, and a formal policy to increase the frequency of index computation when the price level becomes more volatile
Labor income indices designed for use in contracts promoting income risk management by Robert J Shiller( )

20 editions published between 1995 and 1998 in English and held by 139 WorldCat member libraries worldwide

Labor income indices are created for groupings of individuals, using data from the Panel Study of Income Dynamics. People are grouped by a clustering algorithm based on an estimated transition matrix between jobs, by education level, and by skill category. The groupings are defined so that relatively few people move between them. For each of the groupings, we generate a labor income index using a hedonic repeated-measures regression methodology. Similarities between pairs of indices and between indices and individual labor incomes are described. It is argued that indices like those presented here might someday be used in settlement formulae in contracts promoting income risk management
Human behavior and the efficiency of the financial system by Robert J Shiller( )

15 editions published between 1998 and 2001 in English and held by 136 WorldCat member libraries worldwide

Recent literature in empirical finance is surveyed in its relation to underlying behavioral principles, principles which come primarily from psychology, sociology and anthropology. The behavioral principles discussed are: prospect theory, regret and cognitive dissonance mental compartments, overconfidence, over- and underreaction, representativeness heuristic disjunction effect, gambling behavior and speculation, perceived irrelevance of history thinking, quasi-magical thinking, attention anomalies, the availability heuristic contagion, and global culture
Measuring bubble expectations and investor confidence by Robert J Shiller( )

16 editions published between 1999 and 2000 in English and held by 135 WorldCat member libraries worldwide

This paper presents evidence on attitude changes among investors in the US stock market. Two basic attitudes are explored: bubble expectations and investor confidence. Semiannual time-series indicators of these attitudes are presented for US stock market institutional investors based on questionnaire survey results 1989 1998, from surveys that I have derived in collaboration with Fumiko Kon-Ya and Yoshiro Tsutsui. Five different time-series indicators of whether there is among investors an expectation of a speculative bubble, an unstable situation with expectations for increase in the short run only, are produced. Four different time-series indicators of whether there is an expectation of a negative speculative bubble are presented. Four different time-series indicators of investor confidence, that nothing can go wrong, are produced. Time-series variation for these indicators is significant, and cross correlations are generally positive. A bubble expectations index, a negative-bubble expectations index, and an investor confidence index are derived from these indicators. Behavior of the indicators and indexes through time is examined, and the indexes are compared with other economic variables. A notable finding is a degree of high-frequency fluctuation, semester to semester, in the indexes
Why do people dislike inflation? by Robert J Shiller( )

15 editions published in 1996 in English and held by 133 WorldCat member libraries worldwide

A questionnaire survey was conducted to explore how people think about inflation, and what real problems they see it as causing. With results from 677 people, comparisons were made among people in the US, Germany, and Brazil, between young and old, and between economists and non-economists. Among non-economists in all countries, the largest concern with inflation appears to be that it lowers people's standard of living. Non-economists appear often to believe in a sort of sticky-wage model, by which wages do not respond to inflationary shocks, shocks which are themselves perceived as caused by certain people or institutions acting badly. This standard of living effect is not the only perceived cost of inflation among non-economists: other perceived costs are tied up with issues of exploitation, political instability, loss of morale, and damage to national prestige. The most striking differences between groups studied were between economists and non-economists. There were also important international and intergenerational differences. The US - Germany differences (on questions not just about information) were usually less strong than the intergenerational differences
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The new financial order : risk in the 21st century
The subprime solution : how today's global financial crisis happened and what to do about itThe new financial order : risk in the 21st centuryReforming U.S. financial markets : reflections before and beyond Dodd-FrankMacro markets : creating institutions for managing society's largest economic risksFinance and the good societyAnimal spirits : how human psychology drives the economy, and why it matters for global capitalismPhishing for phools : the economics of manipulation and deceptionMarket volatilityNarrative economics : how stories go viral & drive major economic events
Alternative Names
Robert J. Shiller Ameerika Ühendriikide majandusteadlane

Robert J. Shiller americký ekonom

Robert J. Shiller amerikansk økonom

Robert J. Shiller eacnamaí Meiriceánach

Robert J. Shiller economist american

Robert J. Shiller economista estadounidense

Robert J. Shiller economista statunitense

Robert J. Shiller ekonomist amerikan

Robert J. Shiller US-amerikanischer Wirtschaftswissenschaftler

Robert James Shiller

Robert James Shiller economista estatunidenc

Robert Shiller

Robert Shiller americký ekonóm

Robert Shiller Amerikaans auteur

Robert Shiller amerikansk nationalekonom

Robert Shiller économiste américain

Robert Shiller yhdysvaltalainen taloustieteilijä

Robert Şiller

Roberts Šillers

Robertus Iacobus Shiller

Shiller Bob

Shiller R. J. 1946-

Shiller Robert

Shiller, Robert 1946-

Shiller, Robert J.

Shiller Robert James

Shiller, Robert James 1946-

Shilljer, Robjert Zh. 1946-

Šileris Robertas

Роберт Джеймс Шиллер

Роберт Шилер

Роберт Шиллер

Роберт Шылер

Робърт Шилър

Шиллер Р. 1946-

Шиллер, Роберт

Шиллер, Роберт Джеймс

Ռոբերտ Շիլլեր

רוברט שילר כלכלן אמריקאי

رابرت جی. شیلر

رابرت جی. شیلر اقتصاددان و نویسنده آمریکایی

رابرٹ جے۔ شیلر

رابرٹ شلر

روبرت شيلر

روبرت شيلر عالم اقتصاد أمريكي

شيللر، روبرت ج

रॉबर्ट जे शिलर

রবার্ট জে. শিলার

রবার্ট জে. শিলার মার্কিন অর্থনীতিবিদ

ਰਾਬਰਟ ਜੇ. ਸ਼ਿਲਰ

ராபர்ட் ஷில்லர்

റോബർട്ട് ജെ. ഷില്ലർ

რობერტ შილერი

რობერტ შილერი ამერიკელი მეცნიერ-ეკონომისტი

로버트 J. 실러

쉴러, 로버트 1946-

쉴러, 로버트 J. 1946-

シラー, ロバート・J


ロバート・シラー アメリカ合衆国の経済学者

羅伯特·詹姆士·席勒 美國經濟學家



English (579)

Chinese (17)

Spanish (16)

German (14)

French (2)

Dutch (2)

Portuguese (1)

Italian (1)

Korean (1)