Monetary Policy and Taiwan's Economy questions whether the Asian crisis could have been avoided through the application of recommendations highlighted by the contributors. The conclusion reached is that in an abstract world, perhaps; but in the world in which we live; no. It is argued that the...

1 Introduction -- 2 Bubbles and Stock-Price Volatility -- 3 Do Fundamentals, Bubbles, or Neither Explain Stock Prices? Some International Evidence -- 4 Economic and Financial Data as Nonlinear Processes -- 5 Statistical Analysis of Price and Basis Behavior: October 12–26, 1987, S&P 500 Futures...