Market Volatility
Author: Robert J. Shiller
List Price: $37.00
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ISBN: 0262691515
Publisher: MIT Press (30 January, 1992)
Sales Rank: 56,688
Average Customer Rating: 3.5 out of 5
Customer Reviews
Rating: 1 out of 5
Too much academic
It is not a matter of like or dislike here.
I did really enjoyed of the same author - "Irrational exuberance", finding its conclusions very well argumented and the exposition clear and easy.
Here we have only a kind of "laboratory" with a collection of articles about hypotesys testing: very specific, many formulas,use of advanced math but NO DEFINITIVE CONCLUSION.Not even the thesys about market efficiency has been clearly attacked.
If the thesys lacks, you cannot either form a judgement and agree or refuse conclusions.I love reading and discussing: if you happen to have ideas different from mine - or whatever - feel free to write me.
Rating: 5 out of 5
An Academic with a brain!
Shiller does to the Effecient Market Theory what Columbus did to the flat earth theory. This is one of the finest books on markets I have read, and I have read hundreds.
Rating: 3 out of 5
Nice one but.......
It is a nice book.But for me,I love Shleifer's "Inefficient market" more.This book focus on the Divident-to-price ratio and use it for the analysis of the market volatility.The writer does give us some insight about the market.But I doubt if it could stand for a long... since the market is changing all the time. Similar Products
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