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An incisive, unconventional assessment of general equilibrium theory; with a previously unpublished paper.Fischer Black is known for his brilliance as well as his sometimes …
A thoroughly revised and updated edition of a textbook for graduate students in finance, with new coverage of global financial institutions.This thoroughly revised and updated …
Two leading economists develop a theory explaining the demand for and supply of liquid assets.Why do financial institutions, industrial companies, and households hold low-yielding …
A rigorous but practical introduction to the economic, financial, and political principles underlying commodity markets.Commodities have become one of the fastest growing asset …
Annuity insurance products help protect retirees against outliving their incomes.Dramatic advances in life expectancy mean that today's retirees must plan on living into their …
An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global …