Modern Financial Macroeconomics: Panics, Crashes, and Crises

Modern Financial Macroeconomics takes a non-technical approach in examining the role that financial markets and institutions play in shaping outcomes in the modern macro economy. It reviews historical and contemporary macroeconomic theory. It examines governmental influence on moderating (or exacerbating) economic fluctuations. It discusses both empirical and theoretical links between financial systems and economic performance, as well as case studies detailing the role of finance in specific business cycle episodes.