A History of Interest Rates

A History of Interest Rates presents a very readable account of interest rate trends and lending practices...
CHF 139.17
CHF 139.17
SKU: 9780471732839
Product Type: Books
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Author: Sidney Homer
Format: Hardcover
Language: English
Subtotal: CHF 139.17
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A History of Interest Rates by Homer, Sidney

A History of Interest Rates

CHF 139.17

A History of Interest Rates

CHF 139.17
Author: Sidney Homer
Format: Hardcover
Language: English
A History of Interest Rates presents a very readable account of interest rate trends and lending practices over four millennia of economic history. Despite the paucity of data prior to the Industrial Revolution, authors Homer and Sylla provide a highly detailed analysis of money markets and borrowing practices in major economies. Underlying the analysis is their assertion that "the free market long-term rates of interest for any industrial nation, properly charted, provide a sort of fever chart of the economic and political health of that nation." Given the enormous volatility of rates in the 20th century, this implies we're living in age of political and economic excesses that are reflected in massive interest rate swings. Gain more insight into this assertion by ordering a copy of this book today.

Author: Sidney Homer, Richard Sylla, Homer
Publisher: John Wiley & Sons
Published: 08/01/2005
Pages: 736
Binding Type: Hardcover
Weight: 3.05lbs
Size: 9.10h x 6.40w x 2.10d
ISBN: 9780471732839

About the Author
SIDNEY HOMER, who died in 1983, was a limited partner in Salomon Brothers and was the general partner in charge of the firm's bond market research department. He is best known for his pioneering and analytical works of bond market history and the economic forces that drive bond market trends.

RICHARD SYLLA is Henry Kaufman Professor of the History of Financial Institutions and Markets and a Professor of Economics, Entrepreneurship, and Innovation at NYU's Stern School of Business. He is a past president of the Economic History Association and is a trustee of the Museum of American Financial History.


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