Financial Capital. Data and Models
Reduzierte Artikel in dieser Kategorie
| Verlag | UTB |
| Auflage | 2021 |
| Seiten | 154 |
| Format | 15,6 x 1,0 x 21,8 cm |
| Gewicht | 248 g |
| Artikeltyp | Englisches Buch |
| ISBN-10 | 3825255522 |
| EAN | 9783825255527 |
| Bestell-Nr | 82525552A |
The authors consider different forms of financial capital and discuss their functioning by using simple models. They then develop a formal framework that helps to understand the dramatic expansion of financial wealth (both money and financial capital) and its increasingly unequal distribution.
Inhaltsverzeichnis:
1 Introduction 91.1 Markets, money, financial capital91.2 Notations for models112 Beginning with banks152.1 Two money circuits 152.2 Banks' deposit money182.3 Usages of reserves282.4 Zero-sum games and debts323 Bonds393.1 Some data393.2 Orientation to returns403.3 Government bond spreads463.4 Financing of government debt493.5 Appendix: Modern Money Theory594 Tradable shares634.1 Some data634.2 Speculative pricing654.3 Dividends714.4 Real and virtual gains765 Investment funds835.1 Some data 835.2 Speculation with fund shares855.3 Exchange-traded funds .896 Derivatives 956.1 Forwards and futures956.2 Options1016.3 Credit default swaps1087 Financialization1157.1 Expansion of financial wealth1157.2 Inequality of financial wealth139References150Index 154