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000891096 020__ $$a9783319984254$$q(electronic book)
000891096 020__ $$a331998425X$$q(electronic book)
000891096 020__ $$z9783319984247
000891096 035__ $$aSP(OCoLC)on1076543362
000891096 035__ $$aSP(OCoLC)1076543362
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000891096 049__ $$aISEA
000891096 050_4 $$aHB119.S56
000891096 08204 $$a330.092$$223
000891096 1001_ $$aSmith, Vernon L.,$$eauthor.
000891096 24512 $$aA life of experimental economics.$$nVolume II.$$pThe next fifty years /$$cVernon L. Smith.
000891096 264_1 $$aCham:$$bSpringer Nature :$$bPalgrave Macmillan,$$c2018.
000891096 300__ $$a1 online resource.
000891096 336__ $$atext$$btxt$$2rdacontent
000891096 337__ $$acomputer$$bc$$2rdamedia
000891096 338__ $$aonline resource$$bcr$$2rdacarrier
000891096 504__ $$aIncludes bibliographical references and index.
000891096 5050_ $$aIntro; Preface; Acknowledgements; Praise for A Life of Experimental Economics, Volume II; Contents; List of Figures; Part III East, Southwest, East Again; 13 Yankee Land; 14 West with the Night; 15 Arizona and E-Commerce in the Laboratory; Some Early Intellectual History; 16 My Friends Were Finally Right; 17 Wives, Daughters, and Sons; Part IV Rethinking Recessions, Markets, Adam Smith and Religion; 18 Home Again: Chapman University; 19 Economic Collapse 2007-2008: Would 1929 Be Reborn in Anemic Growth?
000891096 5058_ $$aProposition 1: Severe Economic Recessions Have Their Origin in Household and Bank Balance Sheet CrisesProposition 2: Standard Economic Models Do Not Contain Balance Sheets; Proposition 3: The Great Recession-A Balance Sheet Crisis; Proposition 4: The Depression-A Balance Sheet Crisis?; Proposition 5: Policy Experts, Economists, Consumers, and Businesses Were Blindsided by the Great Recession; Proposition 6: Bernanke's 14 Months of "Liquidity Enhancement"-A Test of the Friedman-Schwartz Hypothesis that Liquidity Expansion Can Prevent Depression-Like Episodes?
000891096 5058_ $$aProposition 7: Monetary Policy Is Ineffective in a Balance Sheet CrisisProposition 8: When Monetary Policy Is an Ineffective Economic Stimulant, So Is Government Deficit Spending, and for the Same Reason; Proposition 9: Housing Expenditures Are a Leading Indicator of Most Economic Recessions; in Only the Depression and Great Recession Was the End of the Recession Not Accompanied by a Housing Recovery; Instead, We Remained Stuck in Low Growth; Proposition 10: Stock Market Crashes Do Not Impact Household and Bank Balance Sheets the Way Housing-Mortgage Market Crashes Do
000891096 5058_ $$aConsequently, Loss in Stock Market Value Is Not a Good Indicator of Potential Damage to the Economy from Losses in Housing ValProposition 11: Bankruptcy Facilitates Recovery from Negative Equity Balance Sheet Recessions; Artificial Avoidance of Bankruptcy Delays Recovery: The Primary Mechanism of Recovery Involves the Repair and Rebooting of Damaged Balance Sheets from New Sourc; Proposition 12: Rules That Focus on Incentive Compatibility Alone Carry the Realistic Hope That Stability Can Replace the Historical Instability That Has Been the Hallmark of Housing-Mortgage Markets; In Summary
000891096 5058_ $$a20 Markets: The Good, the Volatile and the Sometimes Ugly21 Reconnecting Modern Economics with Its Classical Origins: Discovering Adam Smith; 22 Faith and the Compatibility of Science and Religion; Author Index; Subject Index
000891096 506__ $$aAccess limited to authorized users.
000891096 588__ $$aOnline resource; title from PDF title page (viewed November 30, 2018).
000891096 60010 $$aSmith, Vernon L.
000891096 650_0 $$aEconomists$$zUnited States$$vBiography.
000891096 77608 $$iPrint version:$$z9783319984247
000891096 85280 $$bebk$$hSpringerLink
000891096 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-98425-4$$zOnline Access$$91397441.1
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000891096 980__ $$aBIB
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