Macroeconomics and the Financial System

Macroeconomics and the Financial System

Author: N. Gregory Mankiw

Publisher: Macmillan

Published: 2011

Total Pages: 642

ISBN-13: 1429253673

DOWNLOAD EBOOK

Watch this video interview with Greg Mankiw and Larry Ball discussing the future of the intermediate macroeconomics course and their new text. Check out preview content for Macroeconomics and the Financial System here. The financial crisis and subsequent economic downturn of 2008 and 2009 was a dramatic reminder of what economists have long understood: developments in the overall economy and developments in the financial system are inextricably intertwined. Derived and updated from two widely acclaimed textbooks (Greg Mankiw’s Macroeconomics, Seventh Edition and Larry Ball’s Money, Banking, and the Financial System), this groundbreaking text is the first and only intermediate macroeconomics text that provides substantial coverage of the financial system.


Risk Topography

Risk Topography

Author: Markus Brunnermeier

Publisher: University of Chicago Press

Published: 2014-10-17

Total Pages: 286

ISBN-13: 022609264X

DOWNLOAD EBOOK

The recent financial crisis and the difficulty of using mainstream macroeconomic models to accurately monitor and assess systemic risk have stimulated new analyses of how we measure economic activity and the development of more sophisticated models in which the financial sector plays a greater role. Markus Brunnermeier and Arvind Krishnamurthy have assembled contributions from leading academic researchers, central bankers, and other financial-market experts to explore the possibilities for advancing macroeconomic modeling in order to achieve more accurate economic measurement. Essays in this volume focus on the development of models capable of highlighting the vulnerabilities that leave the economy susceptible to adverse feedback loops and liquidity spirals. While these types of vulnerabilities have often been identified, they have not been consistently measured. In a financial world of increasing complexity and uncertainty, this volume is an invaluable resource for policymakers working to improve current measurement systems and for academics concerned with conceptualizing effective measurement.


Hall of Mirrors

Hall of Mirrors

Author: Barry J. Eichengreen

Publisher: Oxford University Press, USA

Published: 2015

Total Pages: 521

ISBN-13: 0199392005

DOWNLOAD EBOOK

"A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--


Money, Crises, and Transition

Money, Crises, and Transition

Author: Guillermo A. Calvo

Publisher: Mit Press

Published: 2008

Total Pages: 520

ISBN-13:

DOWNLOAD EBOOK

The essays taken on the issues that have fascinated Calvo most as an academic, a senior advisor at the International Monetary Fund and as the chief economist at the Inter-American Development Bank: monetary and exchange rate policy, financial crises, debt, taxation and reform, and transition and growth.


Financial Markets and the Real Economy

Financial Markets and the Real Economy

Author: John H. Cochrane

Publisher: Now Publishers Inc

Published: 2005

Total Pages: 117

ISBN-13: 1933019158

DOWNLOAD EBOOK

Financial Markets and the Real Economy reviews the current academic literature on the macroeconomics of finance.


Financial Crises Explanations, Types, and Implications

Financial Crises Explanations, Types, and Implications

Author: Mr.Stijn Claessens

Publisher: International Monetary Fund

Published: 2013-01-30

Total Pages: 66

ISBN-13: 1475561008

DOWNLOAD EBOOK

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.


Alternative Approaches in Macroeconomics

Alternative Approaches in Macroeconomics

Author: Philip Arestis

Publisher: Springer

Published: 2018-02-07

Total Pages: 373

ISBN-13: 3319696769

DOWNLOAD EBOOK

This book honours Professor John McCombie’s retirement by exploring a variety of themes, theories and debates in non-orthodox macroeconomics. With contributions from leading scholars, the book covers diverse ground in economic thought, policy, empirical work and modelling. It demonstrates ongoing presumptions and asks probing questions of topical questions from the increase of income equality to the international variation of productivity investment. This collection will appeal to academics and students with an interest in the history of macroeconomic thinking.


Time and Money

Time and Money

Author: Roger W Garrison

Publisher: Routledge

Published: 2000-10-19

Total Pages: 289

ISBN-13: 1134895909

DOWNLOAD EBOOK

Time and Money argues persuasively that the troubles which characterise modern capital-intensive economies, particularly the episodes of boom and bust, may best be analysed with the aid of a capital-based macroeconomics. The primary focus of this text is the intertemporal structure of capital, an area that until now has been neglected in favour of labour and money-based macroeconomics.


Essays in the Economics of Crime and Punishment

Essays in the Economics of Crime and Punishment

Author: National Bureau of Economic Research

Publisher: Columbia University Press

Published: 1974

Total Pages: 268

ISBN-13: 9780870142888

DOWNLOAD EBOOK

When a giant invades the peaceful kingdom of the Tatrajanni and takes the different-looking girl prisoner, it takes the combined efforts of the wise woman of the mountain, the Prince, and the girl herself to rid the kingdom of the intruder.


Macroeconomic Analysis

Macroeconomic Analysis

Author: Dirk Niepelt

Publisher: MIT Press

Published: 2019-12-31

Total Pages: 318

ISBN-13: 0262043475

DOWNLOAD EBOOK

A concise but rigorous and thorough introduction to modern macroeconomic theory. This book offers an introduction to modern macroeconomic theory. It is concise but rigorous and broad, covering all major areas in mainstream macroeconomics today and showing how macroeconomic models build on and relate to each other. The self-contained text begins with models of individual decision makers, proceeds to models of general equilibrium without and with friction, and, finally, presents positive and normative theories of economic policy. After a review of the microeconomic foundations of macroeconomics, the book analyzes the household optimization problem, the representative household model, and the overlapping generations model. It examines risk and the implications for household choices and macroeconomic outcomes; equilibrium asset returns, prices, and bubbles; labor supply, growth, and business cycles; and open economy issues. It introduces frictions and analyzes their consequences in the labor market, financial markets, and for investment; studies money as a unit of account, store of value, and medium of exchange; and analyzes price setting in general equilibrium. Turning to government and economic policy, the book covers taxation, debt, social security, and monetary policy; optimal fiscal and monetary policies; and sequential policy choice, with applications in capital income taxation, sovereign debt and default, politically motivated redistribution, and monetary policy biases. Macroeconomic Analysis can be used by first-year graduate students in economics and students in master's programs, and as a supplemental text for advanced courses.