Stock Market in a Deterministic Overlapping Generations Model

Name: Stock Market in a Deterministic Overlapping Generations Model
Brand: VDM Verlag
SKU: 9783639242874
Price: 21156 HUF
Availability: InStock

Szerző: Michael W. Loretz

Nyelv:

Kötés: Puha kötésű

Kiadó: VDM Verlag

Elérhetőség: Kiadói készleten rendelésre

Küldés 17-27 napon belül

21 156 Ft

The textbook highlights the role of the stock market in deterministic overlapping generations models...

Információk a könyvről

Szerző

Michael W. Loretz

Nyelv

Angol

Kötés

Könyv - Puha kötésű

Kiadva

2010

oldal

136

EAN

9783639242874

ISBN

3639242874

Enbook ID

06831911

Kiadó

VDM Verlag

Súly

209

Méretek

152 x 229 x 8

Teljes leírás

The textbook highlights the role of the stock market in deterministic overlapping generations models with production and capital accumulation. In particular, it will be shown that a stock market first influences the process of capital accumulation, second that the stock market serves as a transfer mechanism for firms, and third that bubbles on the stock market are to be expected. The author Michael W. Loretz gives insight into economic modelling of stock markets using overlapping generations models. The reader becomes aware of interactions between households and firms and the connected investment decisions. Additionally, the formation of stock prices is investigated. Finally, implications for financial valuation of firms are shown. The textbook presents a worthwhile investment for advanced economic students and professionals as well as persons interested in economic modelling.

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Stock Market in a Deterministic Overlapping Generations Model

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