Results 291 to 300 of about 6,372,773 (350)
Some of the next articles are maybe not open access.
The Journal of Business, 1986
One of the most important assumptions in financial economics models is the existence of a risk-free rate, available for borrowing and lending. In any economy, however, the borrowing rate does not coincide with the lending rate even for the short run. The difference between the rates is considered a compensation for intermediation that is necessary in ...
Brenner, Menachem, Galai, Dan
openaire +1 more source
One of the most important assumptions in financial economics models is the existence of a risk-free rate, available for borrowing and lending. In any economy, however, the borrowing rate does not coincide with the lending rate even for the short run. The difference between the rates is considered a compensation for intermediation that is necessary in ...
Brenner, Menachem, Galai, Dan
openaire +1 more source
Interest Rates 4: Interest Rate Discovery
SSRN Electronic Journal, 2014This is the fourth in a series of seven papers on interest rates and it covers the principle of interest rate discovery and security valuation, the micro structure of financial markets, the role of secondary markets, interest rate discovery in the debt and deposit markets, and the micro factors which impact on price discovery.
openaire +1 more source
Interest Rate Derivatives: Interest Rate Models
2004Abstract There are many examples of interest rate derivatives that are actively traded in over-the counter markets and in organized exchanges. Caps, floors, Treasury bond options, Treasury bond futures options, Eurodollar futures options, and swaptions are just some examples of this important class of derivatives in financial markets.
Thomas S Y Ho, Sang Bin Lee
openaire +1 more source
Interest Rates and Interest Rate Derivatives
2010The interest rate derivatives market is the largest derivatives market in the world. Mostly traded OTC, the interest rate securities are extremely popular especially among large institutional investors. Thus, the valuation of these instruments has been a major challenge of both practitioners and academics.
Jürgen Franke +2 more
openaire +1 more source
Interesting BRL Interest Rates
2016Now, let’s keep it simple at first. We’ll start with a nice curve, almost flat, as seen in 01-Aug-2011 and shown in Figure 39.
Marcos C. S. Carreira +1 more
openaire +1 more source
Natural Interest Rate and Money Interest Rates
The Economists’ Voice, 2020Abstract The long lasting period of declining interest rates raises the question, whether the latter result from a savings glut, from a money glut, or from both. Moreover, it renewed the old question how the natural interest rate should be sensibly defined, and if it could ever fall below the growth rate, thereby causing dynamic ...
openaire +1 more source
Interest Rates 6: Role of Interest Rates
SSRN Electronic Journal, 2014This is the sixth in a series of seven papers on interest rates and it covers the various roles of interest rates: primary tool of monetary policy, bridge between present and future consumption, advancing consumption / investment with debt, interest rates’ inverse relationship with asset prices and the wealth effect, the role of interest rates in ...
openaire +1 more source
Econometrica, 1951
FOR what purpose do the banks use their powers to influence the interest rates? In reality policy is imposed upon them by monetary authorities, but we are conducting the argument on the assumption that they are operating according to certain rules without specifying the manner in which they are compelled to do so ...
openaire +1 more source
FOR what purpose do the banks use their powers to influence the interest rates? In reality policy is imposed upon them by monetary authorities, but we are conducting the argument on the assumption that they are operating according to certain rules without specifying the manner in which they are compelled to do so ...
openaire +1 more source