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Financial Markets and the Real Economy (The International Library of Critical Writings in Financial Economics series) - Tapa dura

 
9781843761921: Financial Markets and the Real Economy (The International Library of Critical Writings in Financial Economics series)
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ISBN 10: 1843761920 ISBN 13: 9781843761921
Editorial: Edward Elgar Publishing Ltd, 2006

Sinopsis

This insightful collection examines the intersection between macroeconomics and finance. The key challenge in this area is to find the right measure of 'bad times' (the marginal value of wealth) to explain some assets' high average returns or low prices as compensation for those assets' tendency to pay off poorly in bad times.

The volume includes a carefully chosen selection of articles that survey the various approaches to this question - including the equity premium, consumption based models, general equilibrium models and labour income/idiosyncratic risk approaches. The editor also provides a comprehensive introduction which sets these papers in context and surveys the broader literature.

"Sinopsis" puede pertenecer a otra edición de este libro.

Acerca del autor

Edited by John H. Cochrane, Rose-Marie and Jack Anderson Senior Fellow, Hoover Institution, Stanford University, US

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Edward Elgar Publishing Ltd
Año de publicación
2006
Idioma
Inglés
ISBN 10 
1843761920
ISBN 13 
9781843761921
Encuadernación
Tapa dura
Número de páginas
720
Editor
Cochrane John H.
Contacto del fabricante
no disponible
Persona responsable
no disponible