The Economics of Financial Markets
By:Hendrik S. Houthakker,Peter J. Williamson
Published on 1996-09-12 by Oxford University Press
This book puts economics to work on the daily problems faced by investors, traders, speculators and brokers as they wrestle with increasingly complex financial markets. Drawing on data direct from the financial behavior of households, corporations, and governments, through to the prices of individual securities, the authors show how accessible but rigorous economics can help the players make sense of the hour-by-hour reality of the way financial markets move. Many of the twists and turns that might seem random at first sight are, they contend, rational and often predictable. But inefficiencies do exist, and the authors also demonstrate how these can become unique profit opportunities. By bringing together information on the daily workings of financial markets with the concepts and tools of economics, Houthakker and Williamson have provided a valuable resource for practitioners and students alike.
This Book was ranked at 13 by Google Books for keyword markets and efficiency.
Book ID of The Economics of Financial Markets's Books is 3jM8shOcDFIC, Book which was written byHendrik S. Houthakker,Peter J. Williamsonhave ETAG "sF8ZeS8yIsw"
Book which was published by Oxford University Press since 1996-09-12 have ISBNs, ISBN 13 Code is 9780198021322 and ISBN 10 Code is 0198021321
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