Journal of Economic Perspectives

Vol. 23 No. 1 Winter 2009

Find articles in this issue

Title

Abstract

Author

Symposium: Early Stages of the Credit Crunch

The Economics of Structured Finance

Joshua Coval, Jakub Jurek and Erik Stafford

(pp. 3-25)

The Rise in Mortgage Defaults

Christopher Mayer, Karen Pence and Shane M. Sherlund

(pp. 27-50)

Crisis and Responses: The Federal Reserve in the Early Stages of the Financial Crisis

Stephen G. Cecchetti

(pp. 51-75)

Deciphering the Liquidity and Credit Crunch 2007-2008

Markus K. Brunnermeier

(pp. 77-100)

Reflections on Northern Rock: The Bank Run That Heralded the Global Financial Crisis

Hyun Song Shin

(pp. 101-19)

Symposium: Private Equity

Leveraged Buyouts and Private Equity

Steven N. Kaplan and Per Stromberg

(pp. 121-46)

Beware of Venturing into Private Equity

Ludovic Phalippou

(pp. 147-66)

Articles

Microfinance Meets the Market

Robert Cull, Asli Demirgüç-Kunt and Jonathan Morduch

(pp. 167-92)

The U.S. Equity Return Premium: Past, Present, and Future

J. Bradford DeLong and Konstantin Magin

(pp. 193-208)

Features

Markets: Red Light States: Who Buys Online Adult Entertainment?

Benjamin Edelman

(pp. 209-20)

Retrospectives: On the Definition of Economics

Roger E. Backhouse and Steven G. Medema

(pp. 221-33)

Recommendations for Further Reading

Timothy Taylor

(pp. 235-42)

Comments: Ramesh Ramankutty; Erik Berglof; and William Easterly and Tobias Pfutze (pp. 243-246)

Notes (pp. 247-247)