Call Us 080-41656200 (Mon-Sat: 10AM-8PM)
Free Shipping above Rs. 1499
Cash On Delivery*

The Stock Market in a Deterministic Overlapping Generations Model


Marketed By :  VDM Verlag Dr. Müller   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days


Check Your Delivery Options

Rs. 4,396

Availability: In stock

  • Product Description

The textbook highlights the role of the stock market in deterministic overlapping generations models with production and capital accumulation. In particular, it will be shown that a stock market first influences the process of capital accumulation, second that the stock market serves as a transfer mechanism for firms, and third that bubbles on the stock market are to be expected. The author Michael W. Loretz gives insight into economic modelling of stock markets using overlapping generations models. The reader becomes aware of interactions between households and firms and the connected investment decisions. Additionally, the formation of stock prices is investigated. Finally, implications for financial valuation of firms are shown. The textbook presents a worthwhile investment for advanced economic students and professionals as well as persons interested in economic modelling.

Product Specifications
SKU :COC47344
AuthorMichael W. Loretz
Number of Pages136
Publishing Year2010-03-10T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandVDM Verlag Dr. Müller
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-04-08 00:00:00