Intermediate financial theory
Targeting readers with backgrounds in economics, Intermediate Financial Theory, Third Edition includes new material on the asset pricing implications of behavioral finance perspectives, recent developments in portfolio choice, derivatives-risk neutral pricing research, and implications of the 2008 f...
| Main Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Oxford [England]
Academic Press
2015
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| Edition: | Third edition |
| Series: | Academic Press Advanced Finance
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| Subjects: | |
| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
Table of Contents:
- pt. I INTRODUCTION
- ch. 1 On the Role of Financial Markets and Institutions
- 1.1. Finance: The Time Dimension
- 1.2. Desynchronization: The Risk Dimension
- 1.3. The Screening and Monitoring Functions of the Financial System
- 1.4. The Financial System and Economic Growth
- 1.5. Financial Markets and Social Welfare
- 1.6. Financial Intermediation and the Business Cycle
- 1.7. Financial Crises
- 1.8. Conclusion
- References
- Complementary Readings
- Appendix: Introduction to General Equilibrium Theory
- Pareto Optimal Allocations
- Competitive Equilibrium
- ch. 2 The Challenges of Asset Pricing: A Road Map
- 2.1. The Main Question of Financial Theory
- 2.2. Discounting Risky Cash Flows: Various Lines of Attack
- 2.3. Two Main Perspectives: Equilibrium versus Arbitrage
- 2.4. Decomposing Risk Premia
- 2.5. Models and Stylized Facts
- 2.5.1. The Equity Premium
- 2.5.2. The Value Premium
- 2.5.3. The Term Structure
- Includes bibliographical references at the end of each chapters and index