Full publication

Introduction
STUART E. WEINER

Sources of Financial Market Volatility

Causes of Changing Financial Market Volatility
ROBERT J. SHILLER

Commentary
FREDERIC S. MISHKIN

Consequences of Financial Market Volatility

Financial Factors in Business Fluctuations
MARK GERTLER, R. GLENN HUBBARD

Commentary
ROBERT E. HALL

The International Transmission of Asset Price Volatility
CHARLES A. E. GOODHART

Commentary
BRIAN QUINN

Commentary
MICHAEL MUSSA

Globalization of Financial Markets: International Supervisory and Regulatory Issues
ALEXANDRE LAMFALUSSY

Possible Policy Responses to Financial Market Volatility

Policies to Curb Stock Market Volatility
FRANKLIN R. EDWARDS

Commentary
LAWRENCE H. SUMMERS

Commentary
DAVID D. HALE

Exchange Rate Volatility and Misalignment: Evaluating Some Proposals for Reform
JACOB A. FRENKEL, MORRIS GOLDSTEIN

Commentary
PAUL KRUGMAN

Commentary
ROBERT D. HORMATS

Overview

LOUIS I. MARGOLIS

ROBERT V. ROOSA

JAMES TOBIN