Items related to The Economics of Futures Markets
This work develops a theory of the real effects of futures markets, their role in the inter-temporal allocation of resources, and their effects on economic and social welfare. Futures are neither insurance nor a gamble, but, Professor Stein argues, given the market's influence on expected output, actual supply, price variance and competition, they have become essential risk management tools. In this study he surveys the current and potential uses of futures, from traditional commodities to forward-pricing guidelines. The author presents his analysis as a model, not a manual. There are applications for the foreign exchange market as well as traditional commodities. In the case of interest rate and stock index futures, the focus is upon the capital formation process--a significant policy issue. Stein also provides a consistent theoretical explanation of the numerous empirical studies which have been conducted in this area. Relevant to economists, government regulatory agencies, and professional futures market participants, the work represents a new perspective in the controversy among monetarists, Keynesians and the New Classical Economics.
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- PublisherBlackwell Pub
- Publication date1987
- ISBN 10 0631151397
- ISBN 13 9780631151395
- BindingHardcover
- Edition number1
- Number of pages200
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The Economics of Futures Markets
Published by
Basil Blackwell
(1987)
ISBN 10: 0631151397
ISBN 13: 9780631151395
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Book Description Condition: Poor. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. Book contains pen & pencil markings. In poor condition, suitable as a reading copy. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,600grams, ISBN:0631151397. Seller Inventory # 8657137
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The economics of futures markets.
Published by
Blackwell Pub
(1987)
ISBN 10: 0631151397
ISBN 13: 9780631151395
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Book Description Condition: very good. Oxford : Blackwell, 1990. Reprint. Paperback. vi, 249 pp. With graphs, diagrams, bibliography and index. First work when published (1986) to develop a complete (mathematical) theory of the real effects of futures markets and their effects on economic and social welfare. Text in English. Name on title, else very good, solid and clean. Condition : very good copy. ISBN 9780631151395. Keywords : , Seller Inventory # 218211
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The Economics of Futures Markets
Published by
Basil Blackwell, Cambridge Massachusetts
(1989)
ISBN 10: 0631151397
ISBN 13: 9780631151395
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Book Description Hard Cover. Condition: Very Good-. Dust Jacket Condition: Very Good-. The dust jacket has light edge wear, is lightly rubbed and the dust jacket is in a Mylar type protector. Size: 8vo - over 7¾" - 9¾" tall. Seller Inventory # 027862
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The Economics of Futures Markets
Published by
Blackwell Publishers
(1987)
ISBN 10: 0631151397
ISBN 13: 9780631151395
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Book Description Gebundene Ausgabe. Condition: Gut. 249 Seiten Sofort verfügbar / Versand am folgenden Arbeitstag / Rechnung mit ausgewiesener MwSt. liegt bei / daily shipping worldwide with invoice / ex library / Sprache: Deutsch Gewicht in Gramm: 550. Seller Inventory # 153885
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The Economics of Futures Markets
Published by
Blackwell Publishers
(1987)
ISBN 10: 0631151397
ISBN 13: 9780631151395
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Book Description Broschiert. Condition: Gut. 200 Seiten ex Library Book / aus einer wissenschaftlichen Bibliothek Sprache: Englisch Gewicht in Gramm: 550. Seller Inventory # 285875
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