There already exist many books about the financial crisis and Great Recession, but not the one I am most dying to read. Imagine this: a book about the crisis and recession written each chapter written by a different top female macro or financial economist. Here is my dream chapter line-up.
Chapter 1: Signs of Impending Crisis, Janet Yellen
Chapter 2: International Integration, Contagion, and Domestic Vulnerability, Graciela Kaminsky
Chapter 3: Bank Competition and Systemic Stability, Asli Demirguc-Kunt
Chapter 4: Minding Our Money: Financial Literacy and the Crisis, Olivia Mitchell
Chapter 5: Unconventional Monetary Policy in Exceptional Times, Lucrezia Reichlin
Chapter 6: Quantitative Easing and Portfolio Choice, Annette Vissing-Jorgensen
Chapter 7: Evaluating TARP, Loretta Mester
Chapter 8: Public and Private Spending, Valerie Ramey
Chapter 9: Inventories and the Delayed Recovery, Martha Olney
Chapter 10: Beyond Unemployment Rates: The Great Recession and Material Hardship, Janet Currie
Afterword: Policy and the Power of Ideas, Christina Romer
What do you think? Would other people be excited to read this too? What chapters and authors am I missing?
How about the collective of mothers who balance home finances world wide. They are the most capable micro economists of all!
ReplyDeleteCarmen Reinhart has kinda already written the book!
ReplyDelete@Lakefront Rider, Amen!
ReplyDelete@Anonymous, I have read Prof. Reinhart's book, and it's certainly an important contribution, but I am pointing out some other sides to the story that I think are relevant.
You missed out a chapter on the housing /mortgage market, which is rather important tithe story. She's not famous, but at least one female economist has written on this. (http://www.bis.org/publ/work259.pdf). Google reveals she is now head of financial stability at the Reserve Bank of Australia.
ReplyDeleteTithe -> to the
ReplyDeleteDamn you autocorrect