Preludes to the Icelandic Financial Crisis

Iceland became one of the symbols of the global financial crisis. It provides an ideal test case for the perceptions of economists, in particular their ability to anticipate crises. The book contains papers and reports, written prior to the collapse of Iceland's financial system, about the economy. What did and didn't they see coming, and why?

ROBERT ALIBER is Professor Emeritus at the Booth Graduate School of Business, University of Chicago. His books include The New International Money Game, (Palgrave Macmillan) now in its seventh edition and a book on personal finance, Your Money and Your Life. He will also be bringing out an updated edition of Charles Kindleberger's Manias, Panics, and Crashes.
 
GLYFI ZOEGA is Professor of Economics at the University of Iceland. He has published numerous articles in macroeconomics and labour economics, and these have appeared in such journals as the American Economic Review, Brookings Papers on Economic Activity and the Journal of Applied Econometrics.