Market Volatility by Robert J. Shiller presents an influential, research-driven examination of why prices in speculative markets move as they do. Combining reprints of major papers with new commentary, Shiller challenges the efficient markets paradigm and argues that popular opinion and changing beliefs play a central role in stock, bond and real estate fluctuations. The book includes empirical studies, such as analyses of the October 1987 crash, new surveys of relevant literature, responses to critics, and collaborative work with leading economists.

This volume is ideal for students, researchers, and investors seeking a deeper theoretical and empirical understanding of speculative price dynamics and their macroeconomic implications. A valuable addition to any finance collection, consider adding it to yours.

To qualify for combined shipping, add all desired items to your cart and proceed to checkout. Do not complete payment yet. Once you have committed to purchase, a combined invoice with updated shipping costs will be issued. In many cases, shipping for additional items will be free or greatly reduced. After receiving the invoice, you can pay for your items and they will be shipped together.