Publication year: 2006
Internet Resource: Please Login to download book
The book studies the interaction of the financial market, economic activity and the macroeconomy from a dynamic perspective. The financial market 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.
Subject: Business and Economics, Asset Pricing, Asset Pricing Model, Asset Pricing beyond CAPM, Bonds, CAPM, Dynamic Portfolio Decisions, Financial Economics, Financial Market, Financial Market Dynamics, Financial Markets, Macroeconomics, Portfolio