Author: Hyo-won AhnPublisher:
ISBN:
Category :
Languages : en
Pages : 248
Book Description
A Study of Liquidity, Velocity, and the Equity Premium
Author: Hyo-won AhnMonetary Policy, Velocity, and the Equity Premium
Author: Christopher J. GustPublisher:
ISBN:
Category : Circular velocity of money
Languages : en
Pages : 39
Book Description
Dissertation Abstracts International
Author: Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 460
Book Description
The General Theory of Employment, Interest, and Money
Author: John Maynard KeynesPublisher: Springer
ISBN: 3319703447
Category : Business & Economics
Languages : en
Pages : 430
Book Description
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Measuring Liquidity in Financial Markets
Author: Abdourahmane SarrPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
Book Description
This paper provides an overview of indicators that can be used to illustrate and analyze liquidity developments in financial markets. The measures include bid-ask spreads, turnover ratios, and price impact measures. They gauge different aspects of market liquidity, namely tightness (costs), immediacy, depth, breadth, and resiliency. These measures are applied in selected foreign exchange, money, and capital markets to illustrate their operational usefulness. A number of measures must be considered because there is no single theoretically correct and universally accepted measure to determine a market's degree of liquidity and because market-specific factors and peculiarities must be considered.
The Current State of Quantitative Equity Investing
Author: Ying L. BeckerPublisher: CFA Institute Research Foundation
ISBN: 1944960457
Category : Business & Economics
Languages : en
Pages : 75
Book Description
Quantitative equity management techniques are helping investors achieve more risk efficient and appropriate investment outcomes. Factor investing, vetted by decades of prior and current research, is growing quickly, particularly in in the form of smart-beta and ETF strategies. Dynamic factor-timing approaches, incorporating macroeconomic and investment conditions, are in the early stages but will likely thrive. A new generation of big data approaches are rendering quantitative equity analysis even more powerful and encompassing.
Monetary Policy and the Cyclicality of Risk
Author: Christopher J. GustPublisher: DIANE Publishing
ISBN: 1437939082
Category : Business & Economics
Languages : en
Pages : 33
Book Description
The authors use a DSGE model that generates endogenous movements in risk premia to examine the positive and normative implications of alternative monetary policy rules. Variation in risk arises because households face fixed costs of transferring cash across financial accounts, implying that some households rebalance their portfolios infrequently. The model can account for the mean returns on equity and the risk-free rate, and in line with empirical evidence generates a decline in the equity premium following an unanticipated easing of monetary policy. Countercyclical monetary policy generates higher average welfare than constant money growth or zero inflation policies. Charts and tables. This is a print on demand report.
The natural economic Order
Author: Silvio GesellPublisher: Lulu.com
ISBN: 9781445217574
Category :
Languages : en
Pages : 452
Book Description
American Doctoral Dissertations
Author: Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 704
Book Description
International Convergence of Capital Measurement and Capital Standards
Author: Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Book Description