Asymmetric Information In Financial Markets
Download and Read Asymmetric Information In Financial Markets full books in PDF, ePUB, and Kindle. Read online free Asymmetric Information In Financial Markets ebook anywhere anytime directly on your device. We cannot guarantee that every ebooks is available!
Asymmetric Information in Financial Markets
Author | : Ricardo N. Bebczuk |
Publisher | : Cambridge University Press |
Total Pages | : 176 |
Release | : 2003-08-21 |
Genre | : Business & Economics |
ISBN | : 9780521797320 |
Download Asymmetric Information in Financial Markets Book in PDF, Epub and Kindle
Asymmetric information (the fact that borrowers have better information than their lenders) and its theoretical and practical evidence now forms part of the basic tool kit of every financial economist. It is a phenomenon that has major implications for a number of economic and financial issues ranging from both micro and macroeconomic level - corporate debt, investment and dividend policies, the depth and duration of business cycles, the rate of long term economic growth - to the origin of financial and international crises. Asymmetric Information in Financial Markets aims to explain this concept in an accessible way, without jargon and by reducing mathematical complexity. Using elementary algebra and statistics, graphs, and convincing real-world evidence, the author explores the foundations of the problems posed by asymmetries of information in a refreshingly accessible and intuitive way.
Asymmetric Information in Financial Markets Related Books
Pages: 176
Pages: 208
Pages: 32
Pages: 199
Pages: 354