International Financial Markets: Prices and Policies

Author: Richard M. Levich
Publisher:
Publish Date: 2002-05-01
Features: International Financial Markets provides a thorough and comprehensive analysis of various types of international financial markets and financial instruments. Its main content is divided into two aspects: , the price determination of various international financial instruments and the price links between different types of financial markets. The book gathers the new pricing theories of financial instruments, proposes the economic determinants of various financial prices, discusses the limitations and significance of these pricing models, and evaluates their empirical evidence; second, the decision-making problems faced by private individuals, enterprises, and public policy makers. The book analyzes the decision-making problems of private individuals and enterprises in capital financing, investment, and risk management on international financial markets, and also examines the policy issues faced by monetary authorities, fiscal and tax authorities, banking and financial regulatory authorities, as well as accounting standard-setting institutions in the regulation of international financial markets. Therefore, the book is of significant reference value for scholars, students, individual investors, corporate enterprises, financial institutions, and relevant government agencies in researching, understanding, utilizing, or regulating international financial markets.