Description
The Squam Lake Report is an excellent primer on the workings and failures of today's sophisticated financial system. Few can fail to be impressed with the scholarship the Report brings to the subject of reform. -- Alan Greenspan The Squam Lake Report makes an important contribution to the debate on financial regulation, highlighting many interesting and innovative ideas that should be considered by all those studying how a future crisis can be avoided. -- Mervyn King, Governor of the Bank of England Insightful and highly relevant. -- Markus K. Brunnermeier, Princeton University
About the Author
Kenneth R. French is the Carl E. and Catherine M. Heidt Professor of Finance at Dartmouth College. Martin N. Baily is a senior fellow at the Brookings Institution. John Y. Campbell is the Morton L. and Carole S. Olshan Professor of Economics at Harvard University. John H. Cochrane is the AQR Capital Management Professor of Finance at the University of Chicago. Douglas W. Diamond is the Merton H. Miller Distinguished Service Professor of Finance at the University of Chicago. Darrell Duffie is the Dean Witter Distinguished Professor of Finance at Stanford University. Anil K Kashyap is the Edward Eagle Brown Professor of Economics and Finance at the University of Chicago. Frederic S. Mishkin is the Alfred Lerner Professor of Banking and Financial Institutions at Columbia University. Raghuram G. Rajan is the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago. David S. Scharfstein is the Edmund Cogswell Converse Professor of Finance and Banking at Harvard University. Robert J. Shiller is the Arthur M. Okun Professor of Economics at Yale University. Hyun Song Shin is the Hughes-Rogers Professor of Economics at Princeton University. Matthew J. Slaughter is the Signal Companies Professor of Management at Dartmouth College. Jeremy C. Stein is the Moise Y. Safra Professor of Economics at Harvard University. Rene M. Stulz is the Everett D. Reese Chair of Banking and Monetary Economics at Ohio State University.
Reviews
Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in Economics Raghuram Rajan, Winner of the Deutsche Bank Prize in Financial Economics 2013, The Center for Financial Studies "If you asked me to recommend one thing to read on reforming financial regulation, [The Squam Lake Report] would be it."--Clive Crook, The Atlantic "The Squam Lake Report [is] a slim volume that contains the best prescriptions of the brightest minds of economics about how to save the financial system."--Heidi N. Moore, CNNMoney.com "The Squam Lake Report is a slight volume of ten chapters and just 157 pages--practically anorexic by the standards of many tomes about the credit crunch--but it makes heavyweight claims. It is the product of 15 of the leading financial economists in the United States, who first met on a weekend retreat to New Hampshire's remote and scenic Squam Lake, and offers their prescriptions for regulatory reform to stave off future collapses."--New Statesman "Fifteen prominent academic US economists developed this concise set of recommendations for financial regulation reform in Fall 2008 in a desire to prevent a recurrence of the financial crisis that developed in 2007 and whose effects continue to the present. The introductory chapter provides an excellent summary of the cascade of financial catastrophes precipitated initially by losses on mortgage-backed securities... [A] useful volume for its historical overview and coverage of key issues."--Choice "The Squam Lake Report is an important book in a growing library of commentary on the worst financial crisis since the Depression. It delivers good and clearly written recommendations and reviews most of the key issues surrounding the crisis."--Mark S. Rzepczynski, Financial Analysts Journal
Book Information
ISBN 9780691148847
Author Kenneth R. French
Format Hardback
Page Count 168
Imprint Princeton University Press
Publisher Princeton University Press
Weight(grams) 340g