Financial markets and financial fragility Recommended readings (Machine generated): William A. Allen and Geoffrey Wood (2006) Defining and Achieving Financial Stability Journal of Financial Stability 2 152 72 Robert M. Solow (1982) On the Lender of Last Resort in Charles P. Kindleberger (ed) and Jean Pierre Laffargue (ed) (eds) Financial Crises: Theory History and Policy Chapter 10 Cambridge: Cambridge University Press 237 48 Henry C. Simons (1936) Rules versus Authorities in Monetary Policy Journal of Political Economy 44 (1) February 1 30 Douglas W. Diamond and Philip H. Dybvig (1983) Bank Runs Deposit Insurance and Liquidity Journal of Political Economy 91 (3) June 401 19 Albert M. Wojnilower (1980) The Central Role of Credit Crunches in Recent Financial History Brookings Papers on Economic Activity 11 (2) 277 326 Charles A.E. Goodhart Pojanart Sunirand and Dimitrios P. Tsomocos (2004) A Model to Analyse Financial Fragility: Applications Journal of Financial Stability 1 (1) 1 30 Franklin Allen and Douglas Gale (2004) Financial Fragility Liquidity and Asset Prices Journal of the European Economic Association 2 1015 48 Sushil Bikhchandani David Hirshleifer and Ivo Welch (1992) A Theory of Fads Fashion Custom and Cultural Change as Informational Cascades Journal of Political Economy 100 (5) October 992 1026 Josef Steindl (1990) The Dispersion of Expectations in a Speculative Market in Economic Papers 1941 1988 New York NY: St. Martins Press Chapter 26 371 5 Walter Bagehot ([1873] 1931) Why Lombard Street is Often Very Dull and Sometimes Extremely Excited and A More Exact Account of the Mode in which the Bank of England has Discharged its Duty of Retaining a Good Bank Reserve and of Administering it Effectually in Lombard Street: A Description of the Money Market Chapters VI and VII London: John Murray 118 52 153 97 172 6 Thorstein Veblen (1904) The Theory of Modern Welfare in The Theory of Business Enterprise Chapter VII New York: Charles Scribners Sons 177 267 Rosa Luxemburg ([1913] 1951) International Loans in The Accumulation of Capital translated from the German by Agnes Schwarzschild Chapter XXX New Haven: Yale University Press 419 45 John Maynard Keynes ([1913] 1973) Prologue. How Far are Bankers Responsible for the Alternations of Crisis and Depression in Donald Moggridge (ed) (ed.) The Collected Writings of John Maynard Keynes. Volume XIII: The General Theory and After Chapter 1 London: Macmillan for the Royal Economic Society 2 14 John Maynard Keynes ([1936] 2007) The State of Long Term Expectation in The General Theory of Employment Interest and Money Chapter 12 London: Palgrave Macmillan for the Royal Economic Society 147 64 Irving Fisher (1933) The Debt Deflation Theory of Great Depressions Econometrica 1 (4) October 337 57 R.G. Hawtrey (1962) Foreword to New Edition A Century of Bank Rate London: Frank Cass and Co. Ltd xi xxii Frederic S. Mishkin (1991) Asymmetric Information and Financial Crises: A Historical Perspective in R. Glenn Hubbard (ed) (ed.) Financial Markets and Financial Crises Chapter 3 Chicago IL: University of Chicago Press 69 108 Carlos Diaz Alejandro (1985) Good Bye Financial Repression Hello Financial Crash Journal of Development Economics 19 1 24 Asli Demirgüç Kunt and Enrica Detragiache (1999) Financial Liberalization and Financial Fragility in Boris Pleskovic (ed) and Joseph E. Stiglitz (ed) (eds) Annual World Bank Conference on Development Economics 1998 Washington DC: World Bank 303 31 Barry Eichengreen Ricardo Hausmann and Ugo Panizza (2007) Currency Mismatches Debt Intolerance and Original Sin: Why They are Not the Same and Why it Matters in Sebastian Edwards (ed) (ed.) Capital Controls and Capital Flows in Emerging Economies: Policies Practices and Consequences Chapter 3 Chicago IL: University of Chicago Press 121 64 Charles P. Kindleberger (1996) Conclusion: The Lessons of History Appendix A and Appendix B in Manias Panics and Crashes: A History of Financial Crises Chapter 12 and Appendices A and B Third Edition London: Macmillan 190 97 198 202 203 12 notes Robert J. Shiller (2001) Speculative Volatility in a Free Society in Irrational Exuberance Chapter 11 Princeton NJ: Princeton University Press 203 33 notes Jan Kregel (2007) The Natural Instability of Financial Markets Levy Economics Institute Working Paper No. 523 December i 2 28 John Kenneth Galbraith ([1954] 1992) Cause and Consequence in The Great Crash 1929 Chapter X London: Penguin Books in association with Hamish Hamilton 186 210 Martin H. Wolfson (1994) A Business Cycle Model of Financial Crises in Financial Crises: Understanding the Postwar U.S. Experience Chapter 11 Second Edition Armonk NY: M.E. Sharpe 143 50 E.P. Davis (1992) The Economic Theory of Systemic Risk in Debt Financial Fragility and Systemic Risk Chapter 5 Oxford: Clarendon Press 117 46 Hyman P. Minsky (1982) The Financial Instability Hypothesis: Capitalist Processes and the Behavior of the Economy in Charles P. Kindleberger (ed) and Jean Pierre Laffargue (ed) (eds) Financial Crisis: Theory History and Policy Chapter 2 Cambridge: Cambridge University Press and Paris: Editions de la Maison des Sciences de lHomme 13 39 Philip Arestis and Murray Glickman (2002) Financial Crisis in Southeast Asia: Dispelling Illusion the Minskyan Way Cambridge Journal of Economics 26 (2) March 237 60 Josef Steindl (1989) Saving and Debt in Alain Barrère (ed) (ed.) Money Credit and Prices in Keynesian Perspective. Proceedings of a Conference held at the University of Paris I Panthéon Sorbonne Chapter 4 London: Macmillan 71 8 Ben Bernanke and Mark Gertler (1989) Agency Costs Net Worth and Business Fluctuations American Economic Review 79 (1) 14 31 Robert J. Shiller (1993) Mechanisms for Hedging Long Streams of Income National Income and Labor Income Markets and Making It Happen in Macro Markets: Creating Institutions for Managing Societys Largest Economic Risks Chapters 3 4 9 and notes Oxford: Clarendon Press 31 51 52 77 and 201 14 217 21 226 7 references Jan Toporowski (2009) The Economics and Culture of Financial Inflation Competition and Change 13 (2) June 145 56