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Financial Markets and the Real Economy (Hardcover) Loot Price: R9,130
Discovery Miles 91 300
Financial Markets and the Real Economy (Hardcover): John H. Cochrane

Financial Markets and the Real Economy (Hardcover)

John H. Cochrane

Series: The International Library of Critical Writings in Financial Economics series

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Loot Price R9,130 Discovery Miles 91 300 | Repayment Terms: R856 pm x 12*

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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.

General

Imprint: Edward Elgar Publishing Ltd
Country of origin: United Kingdom
Series: The International Library of Critical Writings in Financial Economics series
Release date: 2006
Editors: John H. Cochrane
Dimensions: 244 x 169 x 58mm (L x W x T)
Format: Hardcover
Pages: 720
ISBN-13: 978-1-84376-192-1
Categories: Books > Business & Economics > Economics > International economics > International finance
LSN: 1-84376-192-0
Barcode: 9781843761921

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