Economic Foundations for Finance From Main Street to Wall Street /

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, non-renewable resources and monetary po...

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Bibliographic Details
Main Authors: Hens, Thorsten (Author, http://id.loc.gov/vocabulary/relators/aut), Elmiger, Sabine (http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Format: Electronic eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
Edition:1st ed. 2019.
Series:Springer Texts in Business and Economics,
Subjects:
Online Access:Full Text via HEAL-Link
Table of Contents:
  • 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.