Liquidity, Interest Rates & Banking Hardback
Edited by Jeffrey Morrey, Alexander Guyton
Hardback
Description
Liquidity refers to the degree to which an asset or security can be bought or sold in the market without affecting the asset's price.
This book provides important evidence on the changes in market liquidity following the transition to electronic trading, and highlights quite different evidence from that presented in previous studies.
Liquidity is also examined across different types of markets by using execution costs as a proxy for liquidity.
The links between the concept of liquidity and the role of payment systems in a globalised financial system is investigated as well.
Furthermore, a survey of both the theoretical and empirical literature related to the liquidity effect as well as a survey on the ability of the term spread to predict changes in economic activity is examined.
The behaviour of long-term interest rates using time-series models is looked as well.
Finally, the financial risk in life annuity and pension annuity as influenced by interest rate movements is discussed.
Information
-
Out of stock
- Format:Hardback
- Pages:260 pages, Illustrations, unspecified
- Publisher:Nova Science Publishers Inc
- Publication Date:25/03/2010
- Category:
- ISBN:9781606927755
Information
-
Out of stock
- Format:Hardback
- Pages:260 pages, Illustrations, unspecified
- Publisher:Nova Science Publishers Inc
- Publication Date:25/03/2010
- Category:
- ISBN:9781606927755
