Book of the Week - Thursday 2/10/08
Thursday, October 2nd, 2008Asset prices, booms and recessions : financial economics from a dynamic perspective / Willi Semmler.
Berlin : Springer, 2006.
Available in the Social Sciences & Humanities Library and Online at HG4636 .S46 2006
About this Book
Asset Prices, Booms and Recessions is a book on Financial Economics from a dynamic perspective. It focuses on the dynamic interaction of financial markets and economic activity. The financial markets to be studied here encompasses the money and bond market, credit market, stock market and foreign exchange market. Economic activity is described by the activity of firms, banks, households, governments and countries. The book shows how economic activity affects asset prices and the financial market and how asset prices and financial market volatility feed back to economic activity. The focus in this book is on theories, dynamic models and empirical evidence. Empirical applications relate to episodes of financial instability and financial crises of the U.S., Latin American, Asian as well as Euro-area countries.
Subject(s):
Financial Economics
Financial modelling
Monetary policy
Capital markets





