Modern Financial Macroeconomics

Todd A. Knoop is Associate Professor of Economics and Chair of the Economics and Business department at Cornell College. He is author of Recessions and Depressions: Understanding Business Cycles (2004). He earned his PhD. in Economics from Purdue University.

• List of Figures. List of Tables.List of Case Studies.Preface.Introduction.Part I: An Introduction to Finance and Macroeconomics:.1. The Basics of Financial Markets and Financial Institutions.2. A Brief History of Financial Development.Part II: Macroeconomic Theory and the Role of Finance:.3. Business Cycles and Early Macroeconomic Theories of Finance.4. Keynesian, Monetarist, and Neoclassical Theories.5. New Institutional Theories of Finance: Models of Risk and the Costs of Credit Intermediation.6. New Institutional Theories of Finance: Models of Credit Rationing.Part III: Financial Volatility and Economic [In]Stability:.7. The Role of Financial Systems in Monetary and Stabilization Policy.8. Banking Crises and Asset Bubbles.Part IV: International Finance and Financial Crises:.9. Capital Flight and the Causes of International Financial Crises.10. International Financial Crises: Policies and Prevention.Part V: Conclusions:.11. What We have Learned, What We Still Need to Learn about Financial Macroeconomics.Bibliography.Index