International financial market prices and policies

Author: Richard M. Levich
Publisher:
Publish Date: 2002-07-01
Features: This book analyzes the major financial markets and instruments that promote investment and trade activities globally. From an international perspective, it gathers current theories of financial instrument pricing, proposes economic determinants of financial prices, discusses the limitations and implications of these models. It also evaluates empirical evidence related to theoretical predictions. Based on the discussion of markets, the author outlines the decision-making problems faced by individuals, private enterprises, and public policy makers. While readers gain a broad understanding of emerging financial instruments, they also learn about the connections between these products and primary markets. This book is suitable for undergraduate and graduate students in finance, MBA students, researchers, and practitioners in the financial field.