Speculative bubbles, speculative attacks, and policy switching : Robert P. Flood and Peter M. Garber. Cambridge, MA: The MIT Press, 1994. 493 pp. $50.00 ISBN 0-262-06169-4

Abstract

Part 1 Speculative bubbles: market fundamentals versus price-level bubbles - the first tests, Robert P. Flood and Peter M. Garber famous first bubbles, Peter M. Garber tulipmania, Peter M. Garber on testing for speculative bubbles, Robert P. Flood and Robert J. Hodrick an evaluation of recent evidence on stock market bubbles, Robert P. Flood et al asset price volatility, bubbles, and process switching, Robert P. Flood and Robert J. Hodrick on the equivalence of solutions in rational expectations Models, Edwin Burmeister et al multi-country tests for price-level bubbles, Robert P. Flood et al. Part 2 Speculative attacks: collapsing exchange-rate regimes, Robert P. Flood and Peter M. Garber gold monetization and gold discipline, Robert P. Flood and Peter M. Garber recurrent devaluation and speculative attacks on the Mexican peso, Herminio Blanco and Peter M. Garber the Belmont-Morgan Syndicate as an optimal investment banking contract , Peter M. Garber and Vittorio U. Grilli real aspects of exchange-rate regime choice with collapsing fixed rates, Robert P. Flood and Robert J. Hodrick exchange-rate regimes in transition - Italy 1974, Robert P. Flood and Nancy P. Marion the linkage between speculative attack and target zone models of exchange rates - some extended results, Robert P. Flood and Peter M. Garber. Part 3 Policy switching: a model of stochastic process switching, Robert P. Flood and Peter M. Garber an economic theory of monetary reform, Robert P. Flood and Peter M. Garber process consistency and monetary reform - some further evidence, Robert P. Flood and Peter M. Garber nominal contracts in a bimetallic standard, Peter M. Garber monetary policy strategies, Robert P. Flood and Peter Isard transition from inflation to price stability, Peter M. Garber comment on bringing down inflation, Robert P. Flood.