International Financial Markets: Prices and Policies (McGraw-Hill International Editions Series) - Softcover

Levich, Richard M.

Softcover

ISBN 10: 0071153640 ISBN 13: 9780071153645

Publisher: McGraw-Hill Education (ISE Editions), 1998

Synopsis

Analyzing the key segments of the international financial markets, this text relates the interplay between regulation (government policies) and the markets and examines the instruments and markets from a pricing as well as a risk analysis and risk management perspective.

About this title

From the Publisher:

Includes more discussion of the Financial Crises around the world, using recent cases including the collapse of pegged rates, the ramifications of floating the baht and the contagious possibilities to other world markets.

Expanded discussion of the pricing and policy challenges in the development of the European Monetary Union.
Learning objectives have been added to help students focus on the key goals of the text.
Additional questions have been added to the end of chapter material in each chapter.
Each chapter typically includes a discussion of the historical origins of a market and/or the present institutional organization of the market. The institutional setting is an important part of understanding how a market works, and why the market might not behave in the precise way predicted by an economic model.
Author takes the view that theory can be practical, but that theories require testing. As such, the chapters present the results of empirical regularities in international finance and see what puzzles remain to be solved.
Graphs and real life data are extensively used to visually communicate important information, such as the pattern of cash flows associated with contracts, or to explain the results of a financial strategy or risk management technique.
Real world boxes from the popular press and from actual companies show how concepts are applied.
End of chapter problems are accompanied by extensive references for readers interested in greater information about the subject.

About this edition

• Publisher: McGraw-Hill Education (ISE Editions)
• Publication date: 1998
• ISBN 10: 0071153640
• ISBN 13: 9780071153645
• Binding: Paperback
• Number of pages: 704