The MIT Press
2 total works
This work provides comprehensive coverage of financial markets worldwide, including financial institutions and the asset/liability problems they face, cash market financial assets, exchange-traded and over-the-counter derivative products and the currency market. Valuation principles for securities and derivatives, and the theory of interest rates are also discussed, as is the motivation for financial innovations that have characterized financial markets and future changes in the structure of these markets.
These two volumes bring together articles, commentaries, and excerpts by Nobel Prize-winning economist Franco Modigliani published from the late 1970s to 1989. The 11 essays collected in Volume 4 focus on money and inflation and on stabilization policies for growth and unemployment. The 21 essays in Volume 5 cover saving and wealth, deficits, the real effects of inflation, and finance.