Includes bibliographical references.

Price dynamics and the macroeconomy -- Stock market and the macroeconomy -- Bond market, term structure, and the macroeconomy -- Financial markets in open economies -- Stock market and exchange rates -- Output and stock market dynamics with state-dependent financial market reactions -- Real-financial market interaction : implications of budget equations and capital accumulation -- A stochastic model of the real financial interaction with boundedly rational heterogeneous agents -- A high-dimensional model of real financial market interaction : the cascade of stable matrices approach -- Stock market, interest rate, and output : a model and estimation for US Time series data -- Capital account and government budget dynamics in perfect open economies -- Twin deficits and inflation in the Mundell-Fleming-Tobin model -- Financial crisis, currency crisis, and large output loss -- Emerging market economies, currency crisis, and price level adjustment -- Outlook : international capital flows in the MFT approach.