Author | : Brendan Brown |
File Size | : 43,5 Mb |
Publisher | : Routledge |
Language | : English |
Release Date | : 30 November 2017 |
ISBN | : 9781351360562 |
Pages | : 126 pages |
The Economics of the Swap Market by Brendan Brown Book PDF Summary
First published in 1989, The Economics of the Swap Market looks at how the swap has become a commonplace tool for corporations throughout the OECD world to ‘lock-in’ interest rates on their borrowing. The aim of The Economics of the Swap Market, is to contribute to a redressing of the balance. Subjects covered include both those conventionally falling within the scope of micro-economics and of macroeconomics, beginning with an examination of the forces behind the take-off the swap market and a formal setting out of key arbitrage relationships which hold in equilibrium between the swap markets on international capital flow.