The Economics of the Swap Market

The Economics of the Swap Market

Title: The Economics of the Swap Market
Author: Brendan Brown
Release: 2017-11-30
Kind: ebook
Genre: Business & Personal Finance, Books, Economics, Finance, Management & Leadership
Size: 1012092
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.