1. The Loanable Funds theory We use the term “loanable funds market” to describe the arrangements and institutions by which saving of households is made available to…
Slide 1 The Loanable Funds theory We use the term “loanable funds market” to describe the arrangements and institutions by which saving of households is made available…
1. BOND PRICING AND PORTFOLIO ANALYSIS 2. BOND PRICING AND PORTFOLIO ANALYSIS Protecting Investors in the Long Run Olivier de La Grandville The MIT Press Cambridge, Massachusetts…