{"product_id":"interest-rates-and-asset-prices-ralph-turvey-9781032254555","title":"Interest Rates and Asset Prices","description":"\u003cp\u003eFirst published in 1960, \u003ci\u003eInterest Rates and Asset Prices \u003c\/i\u003epresents an analysis of the determination of interest rates and asset prices with the help of few simple assumptions. The theory can be regarded either as an alternative to the liquidity preference theory or as an extension of it. Like that theory, it is aggregative and simple, but it is applicable not only to interest rates on government securities but also to yields on real assets. Furthermore, it can be formulated in terms of actually measurable variables, so that it is directly applicable to particular situations. This is demonstrated by a statistical example relating to the average yield on U.S. Government securities in the post- war period. In addition to the main analysis the author discusses the role of financial intermediaries and the structure of interest rates, and there is also a re-examination of the determinants of the transactions demand for money. This is book is an essential read for students of economics. \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Ralph Turvey\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1032254556\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781032254555\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Routledge\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/30\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 100\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover","brand":"Ralph Turvey","offers":[{"title":"Hardcover","offer_id":44058794721535,"sku":"9781032254555","price":120.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_67381176-195c-4691-a067-606b1f764d53.jpg?v=1685054558","url":"https:\/\/www.whiterainbookhouse.com\/products\/interest-rates-and-asset-prices-ralph-turvey-9781032254555","provider":"WR Book House","version":"1.0","type":"link"}