Asset Prices, Booms and Recessions

1. Introduction
Willi Semmler

2. Money, Bonds and Interest Rates
Willi Semmler

3. Term Structure of Interest Rates
Willi Semmler

4. Theories on Credit Market, Credit Risk and Economic Activity
Willi Semmler

5. Empirical Tests on Credit Market and Economic Activity
Willi Semmler

6. Approaches to Stock Market and Economic Activity
Willi Semmler

7. Macro Factors and the Stock Market
Willi Semmler

8. New Technology and the Stock Market
Willi Semmler

9. Static Portfolio Theory: CAPM and Extensions
Willi Semmler

10. Consumption Based Asset Pricing Models
Willi Semmler

11. Asset Pricing Models with Production
Willi Semmler

12. Balance Sheets and Financial Instability
Willi Semmler

13. Exchange Rate Shocks, Financial Crisis and Output Loss
Willi Semmler

14. International Portfolio and the Diversification of Risk
Willi Semmler

15. Agent Based and Evolutionary Modeling of Asset Markets
Willi Semmler

16. Behavioral Models of Dynamic Asset Pricing
Willi Semmler

17. Dynamic Portfolio Choice Models: Theory
Willi Semmler

18. Dynamic Portfolio Choice Models: Empirics
Willi Semmler

19. Some Empirics on Asset Prices, Leveraging and Credit Crisis
Willi Semmler

20. Credit, Credit Derivatives, and Credit Default
Willi Semmler

21. The Mechanism of Recent Boom-Bust Cycles: Credit, Complex Securities, and Asset Prices
Willi Semmler

22. Financial Instability, Financial Culture and Financial Reform
Willi Semmler

23. Exercises
Willi Semmler

24. Appendices
Willi Semmler

Keywords: Economics/Management Science, Financial Economics, Finance/Investment/Banking, Quantitative Finance, Macroeconomics/Monetary Economics, Economic Theory