资本市场(Capital Market)是期限 在一年以上的中长期金融市场,其 基本功能是实现并优化投资与消费 的跨时期选择。按市场工具来划分 ,资本市场通常由股票市场、债券 市场和投资基金构成

第一节市场失灵 一、市场失灵(Market failures)概念:指在某些方面或领域导致资源配置达不到帕 累托最优状态. 二、市场失灵的表现 1.经济波动; 2.垄断; 3不完全信息; 4外部性; 5.公共物品; 6收入分配不均等

Lesson Thirteen Creating an Effective Business Plan( Abstract: This article (including the following two texts) tells how to prepare a business plan. USually a business plan consists of the following structures: Introductory Elements, Business Description, The Market Development Production, Sales Marketing Management, Financials

Standard Approach to Estimating Volatility (Equation 15.1 Define on as the volatility per day between day n-1 and day n, as estimated at end of day n-1 · Define, as the value of market variable at end of day i Define ui= In(S /Si-1)

Signaling games are used to model the following situation: Player 1, the Sender, receives some private information and sends a message m E M to Player 2, the Receiver. The latter, in turn, observes m but not 0, and chooses response r E R. Players'payoffs depend on 0, m and r. What could be simpler? Yet, there is a huge number of economically interesting games that fit nicely within this framework: Spence's job market signaling model is the leading example, but applications abound in IO (limit pricing, disclosure...) finance (security design) and political economics

国际金融_Chapter 9 国际金融市场（International Financial market）

国际金融_Chapter 3 外汇交易市场（Foreign Exchange Market & Transaction）

Chapter 1 Introduction Chapter 2 Security Market Chapter 3 The Valuation of Riskless Securities Chapter 4 The Valuation of Risky Securities Chapter 5 Fixed– income Security