The New Financial Order: Risk in the 21st Century

By Robert J. Shiller. 2003

459 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/442c6976b26fded8459ae084572234ab8769a4da

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Citations in the corpus

Was there a British House Price Bubble? Evidence from a Regional Panel (2006, unknown): “Our results have relevance outside the UK where there has also been a great deal of discussion of the possibility that there have been house price bubbles (see, inter alia, Case and Shiller, 2003, Himmelberg, Mayer and Sinai, 2005, and OECD, 2005).”
No one saw this coming. Understanding financial crisis through accounting models (2009, background): “Likewise Shiller (2003) warns that our infatuation with the stock market (financial wealth) is fuelling volatility and distracting us from more the durable economic prospect of building up real assets.”
Insurance and Opportunities: A Welfare Analysis of Labor Market Risk (2008, background): “Sargent (2001) and Shiller (2003) discuss a range of proposals along these lines.29 29For example, Shiller proposed six types of insurance that should be further developed, namely “livelihood Throughout the analysis, income shocks have been assumed to be verifiable and contracts have been assumed…”
The Capitalization of Almost Everything (2007, background): “It is possible to expand the base of financial capital in such a way that speculation is not continuously feeding on just a few asset classes, so that risk is continuously being spread (Schiller, 2003).”
Determinants of Sovereign Risk: Macroeconomic Fundamentals and the Pricing of Sovereign Debt (2010, unknown): “Caballero (2003), Shiller (2003), Merton (2005) and a recent report by the Inter-American Development Bank (IDB report (2006)) advocate the use of innovative financial contracts to share these macroeconomic risks more effectively.”
Two Pillars of Asset Pricing (2013, background): “I single out Shiller and Case and Shiller (2003) only because their initial forecasts of these two “bubbles” are relatively easy to date.”