Thorsten Hens,
Sabine Elmiger
Springer International Publishing
e druk, 2019
9783030054250
Economic Foundations for Finance
From Main Street to Wall Street
Specificaties
Gebonden, blz.
|
Engels
Springer International Publishing |
e druk, 2019
ISBN13: 9783030054250
Rubricering
Onderdeel van serie
Springer Texts in Business and Economics
Levertijd ongeveer 8 werkdagen
Samenvatting
This book provides readers with essential concepts from financial economics for an integrated study of the financial system and the real economy. It discusses how long-term market prices are determined and affected by population growth, technological progress and non-renewable resources. The meaning of market prices is examined from the perspective of households and from the perspective of firms. The book therefore connects different fields of finance, which usually focus only on either the households’ side or the firms’ side.
Specificaties
ISBN13:9783030054250
Taal:Engels
Bindwijze:gebonden
Uitgever:Springer International Publishing
Inhoudsopgave
Introduction.- Financial Markets and Institutions.- The Basic Economic Model.- Extension of the Model to Capital.- Extension of the Model to an Infinite Horizon.- Extension of the Model to Uncertainty.- Extension of the Model to Exhaustible Resources.- Aggregation.- Conclusion.- Appendix: Exercises.- Mathematical Tools.- Sufficiency of the First Order Conditions.- Covariance of SDF and Returns.- References.- Index.