Open Access

Some implications of behavioral finance for international monetary analysis


Cite

Amri, P. D., & Willett, T. D. (2017). Policy inconsistencies and the political economy of currency crises. Journal of International Commerce, Economics and Policy, 8(1), 1750004.Search in Google Scholar

Barberis, N., & Thaler, R. (2002). A survey of behavioral finance. NBER Working Paper, 9222.Search in Google Scholar

Beinhocker, E. (2007). Origin of wealth: Evolution, complexity, and the radical remaking of economics. Harvard Business Review Press.Search in Google Scholar

Bernstein, W. (2021). The delusions of crowds. Atlantic Monthly Press.Search in Google Scholar

Bernstein, W. (2023). The four pillars of investing (2nd ed.). McGraw Hill.Search in Google Scholar

Bhoj, J. (2019, November). A study of origin and history of behavioral finance. EPRA International Journal of Research and Development, 4(11), 144–155.Search in Google Scholar

Bird, G. (2018). Trumponomics and taxation. World Economics, 18(1), 173–191.Search in Google Scholar

Bird, G., Du, W., & Willett, T. D. (2017). Behavioral finance and efficient markets: What does the euro crisis tell us? Open Economies Review, 28(2), 273–295. https://doi.org/10.1007/s11079-017-9436-1Search in Google Scholar

Bird, G., & Willett, T. D. (2008). Why do governments delay devaluation? World Economics, 9(2), 55–74.Search in Google Scholar

Bookstaber, R. (2007). A demon of our own design: Markets, hedge funds, and the perils of financial innovation. John Wiley & Sons.Search in Google Scholar

Bookstaber, R. (2017). The end of theory: Financial crises, the failure of economics, and the sweep of human interaction. Princeton University Press.Search in Google Scholar

Davies, H. (2010). The financial crisis: Who is to blame? Polity Press.Search in Google Scholar

De Grauwe, P., & Grimaldi, M. (2006). The exchange rate in a behavioral finance framework. Princeton University Press. https://doi.org/10.2307/j.ctv346pzrSearch in Google Scholar

De Grauwe, P. & Ji, Y. (2019). Behavioral macroeconomics: Theory and policy. Oxford University Press.Search in Google Scholar

Efremidze, L., Kim, S., Sula, O., & Willett, T. D. (2017). The relationships among capital flow surges, reversals and sudden stops. Journal of Financial Economic Policy, 9(4), 393–413.Search in Google Scholar

Efremidze, L., Rutledge, J., & Willett, T. D. (2016). Capital flow surges as bubbles: Behavioral finance and McKinnon’s over-borrowing syndrome extended. The Singapore Economic Review, 61(02), 1640023. https://doi.org/10.1142/S0217590816400233Search in Google Scholar

Gennaioli, N., & Shleifer, A. (2018). A crisis of beliefs: Investor psychology and financial fragility. Princeton University Press.Search in Google Scholar

Illiashenko, P. (2017). Behavioral finance: History and foundations. Visnyk of the National Bank of Ukraine, (239), 28–54.Search in Google Scholar

Kahneman, D. (2011). Thinking, fast and slow. Farrar, Straus and Giroux.Search in Google Scholar

Kay, J., & King, M. (2020). Radical uncertainty: Decision-making beyond the numbers. W. W. Norton & Company.Search in Google Scholar

Knight, F. (1921). Risk, uncertainty, and profit. Houghton Mifflin.Search in Google Scholar

Leijonhufvud, A. (1968). On Keynesian economics and the economics of Keynes: A study in monetary theory. Oxford University Press.Search in Google Scholar

Lo, A. W. (2012). Reading about the financial crisis: A twenty-one-book review. Journal of Economic Literature, 50(1), 151–178.Search in Google Scholar

Lo, A. W. (2019). Adaptive markets: Financial evolution at the speed of thought. Princeton University Press. https://doi.org/10.1515/9780691196800Search in Google Scholar

Malkiel, B. G. (2023). A random walk down Wall Street. W. W. Norton & Company.Search in Google Scholar

Menschel, R. (2002). Markets, mobs and mayhem: A modern look at the madness of crowds. John Wiley & Sons.Search in Google Scholar

Minsky, H. (1975). John Maynard Keynes. Colombia University Press.Search in Google Scholar

Minsky, H. (1986). Stabilizing an unstable economy. McGraw Hill.Search in Google Scholar

Pinker, S. (2021). Rationality: What it is, why it seems scarce, why it matters. Viking.Search in Google Scholar

Russell, T. (1998). Macroeconomics and behavioral finance. In W. Leinfellner & E. Kohler (Eds.), Game theory, experience, rationality (pp. 153–159). Wolters Kluwer.Search in Google Scholar

Shiller, R. J. (2020). Narrative economics: How stories go viral and drive major economic events. Princeton University Press.Search in Google Scholar

Thaler, R. (2015). Misbehaving: The making of behavioral economics. W. W. Norton & Company.Search in Google Scholar

Walter, S., & Willett, T. D. (2012). Delaying the inevitable: A political economy approach to currency defenses and depreciation. Review of International Political Economy, 19(1), 114–139. https://doi.org/10.1080/09692290.2010.514524Search in Google Scholar

Willett, T. D. (2012). The role of defective mental models in generating the global financial crisis. Journal of Financial Economic Policy, 4(1), 41–57. https://doi.org/10.1108/17576381211206479Search in Google Scholar

Willett, T. D. (2022). New developments in financial economics. Journal of Financial Economic Policy, 14(4), 429–467.Search in Google Scholar

Willett, T. D., & Bird, G. (forthcoming). A tale of two trilemmas. Journal of International Commerce, Economics, and Politics.Search in Google Scholar

Willett, T. D., Chiu, E., & Walter, S. (2014). Fixed exchange rates and financial markets as sources of macroeconomic discipline. In T. Oatley (Ed.), Handbook of the international political economy of monetary relations (pp. 285–303). Edward Elgar Publishing.Search in Google Scholar

Willett, T. D., Nitithanprapas, E., Nitithanprapas, I., & Rongala, S. (2004). The Asian crises reexamined. Asian Economic Papers, 3(3), 32–87. https://doi.org/10.1162/1535351054825184Search in Google Scholar

Xue, S., & Willett, T. D. (2024). The monetary trilemma need not hold in the short run: The case of Hong Kong. Claremont Institute for Economic Policy Studies.Search in Google Scholar

eISSN:
2450-0097
Language:
English
Publication timeframe:
4 times per year
Journal Subjects:
Business and Economics, Mathematics and Statistics for Economists, Econometrics, Political Economics, other, Finance