List of figures
List of tables
Preface
I BASIC CONCEPTS
1 Complete contingent claims
2 Arbtrage and asset vauation
3 Expected utility
4 CAPM and APT
5 Consumption and saving
II RECURsIVE MODELS
6 Dynamic programming
7 Intertemporal risk sharing
8 Consumption and aSSet pricing
9 Non-separable preferences
10 Economies with production
11 Investment
12 Business cycles
III MONETARY AND INTERNATl0NAL MODEL5
13 Models with cash-in-advance constraints
14 International asset markets
IV MOQELS WITH MARKET INCOMPLETENESS
15 Asset}3ricing with frictions
16 Borrowina constraints
17 Overlapping generations models
V SUPPLEMENTARYRY MATERIAL
A Mathematical appendix
A．1 Stochastic processes
A．2 Some useful theorems
Bibliography
Index
