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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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Danthine, Jean-Pierre (Author), Donaldson, John B. (Author)
Format: Electronic eBook
Language:Inglés
Published: Oxford [England] : Academic Press, 2015.
Edition:Third edition.
Series:Academic Press Advanced Finance
Subjects:
Online Access:Texto completo
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.