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References-Escaping-Debt-Addiction ESCAPING DEBT ADDICTION CFS, Frankfurt 10th February 2014 References Admati, Anat and Martin Hellwig: The Bankers' New Clothes: What's Wrong with Banking and what to Do about it, Princeton University Press, 2013. Bernanke, Ben: Non-Monetary Effects of the Financial Crisis, Essays on the Great Depression, Princeton University Press, 2004. Blanchard, Olivier, Giovanni Dell’Ariccia and Paolo Mauro: Rethinking Macroeconomic Policy, IMF Staff Position Note, February 2010 Bank for International Settlements: Assessing the Macroeconomic Impact of the Transition to Stronger Capital and Liquidity Requirements, December 2010 Borio, Claudio: The Financial Cycle and Macroeconomics: What Have We Learnt?, BIS Working Paper No. 395, December 2012 (http://www.bis.org/publ/work395.htm) Cecchetti, Stephen and Enisse Kharroubi: Reassessing the Impact of Finance on Growth, BIS Working Paper No 381, July 2012 (http://www.bis.org/publ/work381.htm) Cecchetti, Stephen, M S Mohanty and Fabrizio Zampolli: The Real Effects of Debt, BIS Working Paper No. 352, September 2011(http://www.bis.org/publ/work352.htm) Cochrane, John: Financial Reform in 12 Minutes. Remarks presented at the conference “The US Financial System – Five Years after the Crisis”, Brookings Institution and Hoover Institution, Washington DC, 1st October 2013 (http://faculty.chicagobooth.edu/john.cochrane/research/papers/cochrane_regulation.pdf) Eggertsson, Gauti and Paul Krugman: Debt, Deleveraging and the Liquidity Trap: A Fisher-Minsky-Koo Approach. Princeton University, 2012 European Central Bank: Monthly Bulletin, November 2013. http://www.ecb.europa.eu/pub/pdf/mobu/mb201311en.pdf European Commission: One Market, One Money: An Evaluation of the Potential Benefits and Costs of Forming an Economic and Monetary Union, European Economy, Commission of the European Communities, Directorate-General for Economic and Financial Affairs, No. 44, October 1990. http://ec.europa.eu/economy_finance/publications/publication7454_en.pdf Fisher, Irving: The Debt-Deflation Theory of Great Depressions, Econometrica, Vol. 1, No. 4, pages 337- 357. October, 1933. Friedman, Benjamin: Monetary Policy, Fiscal Policy and the Efficiency of our Financial System: Lessons from the Financial Crisis. International Journal of Central Banking 8, pages 301-09, 2012. (http://scholar.harvard.edu/files/bfriedman/files/lessons_financial_crisis_ijcb_jan_2012.pdf) Page | 1 ESCAPING DEBT ADDICTION CFS, Frankfurt 10th February 2014 Friedman, Milton: A Monetary and Fiscal Foreword for Economic Stability’, American Economic Review, Vol. 38, June 1948. Gennaioli, Nicola, Andrei Shleifer and Robert Vishny: Neglected Risks, Financial Innovation and Financial Fragility, NBER Working Paper No. 16068, National Bureau of Economic Research, Cambridge MA. March 2010. (www.nber.org/papers/w16068) Gerschenkron, Alexander: Economic Backwardness in Historical Perspective: A Book of Essays, Belknap Press of Harvard University Press, 1962. (http://isites.harvard.edu/fs/docs/icb.topic572311.files/Mon%2022%20June%20- %201/Gerschenkron.pdf) Gertler, Mark and Nobuhiro Kiyotaki: Financial Intermediation and Credit Policy in Business Cycle Analysis: Handbook of Monetary Economics; N.Y.U. and Princeton, 2009. Graeber, David: Debt: the First 5000 Years, New York, Melville House Printing, 2011 Greenwald, Bruce and Joseph Stiglitz: Towards a new Paradigm in Monetary Economics, Cambridge University Press, 2003. Jordá, Oscar, Moritz Schularick and Alan Taylor: When Credit Bites Back : Leverage , Business Cycles and the Crisis, NBER Working Papers No 17621, November 2011 (http://www.nber.org/papers/w17621) Keynes, John Maynard: The General Theory of Employment, Interest and Money, MacMillan Cambridge University Press, 1936. King, Mervyn: Twenty Years of Inflation Targeting, Remarks at the London School of Economics, Stamp Memorial Lecture, 2012 (www.bankofengland.co.uk/publications/Documents/speeches/2012/speech606.pdf) Kiyotaki, Nobu and John Moore: Credit Cycles, Journal of Political Economy, vol. 105, No. 2, pages 211- 248. April, 1997. (http://www.jstor.org/stable/10.1086/262072) Koo, Richard: The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession, Wiley, 2009. Levine, Ross: Finance and Growth: Theory and Evidence, NBER Working Paper No. 10766, September 2004 (http://www.nber.org/papers/w10766) Mian, Atiff and Amir Sufi: House of Debt: How They (and You) Caused the Great Recession and How We Can Prevent it from Happening Again. Chicago University Press, forthcoming 2014. Minsky, Hyman: Stabilising an Unstable Economy; McGraw Hill, 2008. First published by Yale University Press, 1986. Page | 2 ESCAPING DEBT ADDICTION CFS, Frankfurt 10th February 2014 Pettis, Michael: The Great Rebalancing: Trade, Conflict and the Perilous Road Ahead for the World Economy. Princeton University Press, 2013. Piketty, Thomas and Gabriel Zucman: Capital is Back: Wealth-Income Ratios in Rich Countries 1700- 2010, December 2013, http://piketty.pse.ens.fr/files/PikettyZucman2013RevQJE.pdf Rajan, Raghuram: Fault Lines: How Hidden Fractures Still Threaten the World Economy. Princeton University Press, 2010. Reinhart, Carmen and Kenneth Rogoff: This Time is Different: Eight Centuries of Financial Folly, Princeton University Press, 2009 & 2011. Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten, IMF WP 13/266. December 2013 Skidelsky, Robert: John Maynard Keynes. Pan MacMillan, pages 674-678 (2003) Stein, Jeremy: The Fire-Sales Problem and Securities Financing Transactions, Remarks at the Federal Reserve Bank of New York Workshop on “Fire Sales as a Driver of Systemic Risk in Triparty Repo and other Secured Funding Markets”, New York, 4th October 2013. Studwell, Joe: How Asia works: Successes and Failures in the World’s Most Dynamic Region; Profile Books (2013) Summers, Laurence: What to Do About Secular Stagnation, Reuters, 6th January 2014. http://blogs.reuters.com/lawrencesummers/ Taylor, Alan: The Great Leveraging, University of Virginia, NBER and CEPR, July 2012. (http://www.bis.org/events/conf120621/taylor.pdf) Taylor, Alan and Moritz Schularick: Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008, NBER Working Paper No. 15512, November 2009. (http://www.nber.org/papers/w15512) Townsend, Robert M.: Optimal Contracts and Competitive Markets with Costly State Verification, Journal of Economic Theory, vol. 21, pages 265-293 (1979) Turner, Adair: (a) Debt, Money and Mephistopheles: How Do We Get Out of This Mess?, Group of Thirty Occasional Paper 87, Washington DC, May 2013 (b) Credit, Money and Leverage: What Wicksell, Hayek and Fisher Knew and Modern Macro- Economics Forgot, Remarks at the Stockholm School of Economics Conference “Towards a Sustainable Financial System", Stockholm, September 2013 (http://ineteconomics.org/blog/institute/adair-turner-credit-money-and-leverage) (c) Too Much Debt, Financial System Stability and Wider Economic Impacts. Remarks at Chicago Federal Reserve during the International Banking Conference, November 2013. Page | 3 ESCAPING DEBT ADDICTION CFS, Frankfurt 10th February 2014 http://ineteconomics.org/sites/inet.civicactions.net/files/2013%20FRB%20Chicago%20Too%20 Much%20Debt%20Nov%207%20FINAL-1.pdf (d) Too Much of the Wrong Sort of Capital Flow. Remarks at the Centre for Advanced Financial Research and Learning (CAFRAL) and the Reserve Bank of India during a conference on Capital Account Management and Macro-Prudential Regulation for Financial Stability and Growth. Delhi, January 2014. http://ineteconomics.org/blog/institute/adair-turner-capital-markets- balkanization-should-not-prevent-regulation Wicksell, Knut: Interest and Prices; Macmillan, 1936. First published as Geldzins and Guiterpreise (1898) White, William: Ultra easy monetary policy and the law of unintended consequences, Federal Reserve Bank of Dallas, Globalization and Monetary Policy Institute Working Paper, 126 (2012) Page | 4 .
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