A History of Interest Rates, Fourth Edition

作者 Sidney著Richard Sylla著
出版社 Wiley
出版时间 2005年8月第4版
ISBN 9780471732839
定价 640.70

内容简介

"AHistoryofInterestRates"presentsaveryreadableaccountofinterestratetrendsandlendingpracticesoverfourmillenniaofeconomichistory.DespitethepaucityofdatapriortotheIndustrialRevolution,authorsHomerandSyllaprovideahighlydetailedanalysisofmoneymarketsandborrowingpracticesinmajoreconomies.Underlyingtheanalysisistheirassertionthat"thefreemarketlong-termratesofinterestforanyindustrialnation,properlycharted,provideasortoffeverchartoftheeconomicandpoliticalhealthofthatnation."Giventheenormousvolatilityofratesinthe20thcentury,thisimplieswe'relivinginageofpoliticalandeconomicexcessesthatarereflectedinmassiveinterestrateswings.Gainmoreinsightintothisassertionbyorderingacopyofthisbooktoday.

作者简介

SIDNEYHOMER,whodiedin1983,wasalimitedpartnerinSalomonBrothersandwasthegeneralpartnerinchargeofthefirm'sbondmarketresearchdepartment.Heisbestknownforhispioneeringandanalyticalworksofbondmarkethistoryandtheeconomicforcesthatdrivebondmarkettrends.RICHARDSYLLAisHenryKaufmanProfessoroftheHistoryofFinancialInstitutionsandMarketsandaProfessorofEconomics,Entrepreneurship,andInnovationatNYU'sSternSchoolofBusiness.HeisapastpresidentoftheEconomicHistoryAssociationandisatrusteeoftheMuseumofAmericanFinancialHistory.