• Bài giảng Money and Banking - Lecture 23Bài giảng Money and Banking - Lecture 23

    Review of the Previous Lecture • Role of Financial Intermediaries • Pool Savings • Safekeeping, accounting services and access to the payments system; • Liquidity; • Information Services • Risk diversification • Information Asymmetry and Information Costs • Adverse Selection • Moral Hazards

    pdf21 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 898 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 22Bài giảng Money and Banking - Lecture 22

    Review of the Previous Lecture • Role of Financial Intermediaries • Pool Savings • Safekeeping, accounting services and access to the payments system;

    pdf31 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 993 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 21Bài giảng Money and Banking - Lecture 21

    Review of the Previous Lecture • Theory of Efficient Markets • Investing in Stocks for Long Run • Stock Markets’ Role in the Economy • Financial Intermediation

    pdf15 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 921 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 20Bài giảng Money and Banking - Lecture 20

    Topics under Discussion • Stocks • Risk and the Value of Stocks • Theory of Efficient Markets • Investing in Stocks for Long Run • Stock Markets’ Role in the Economy • Financial Intermediation • Role of Financial Intermediaries

    pdf32 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 897 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 19Bài giảng Money and Banking - Lecture 19

    Review of the Previous Lecture • Bonds and Their Characteristics • Stocks • Essential Characteristics • Process • Measuring Level of a Stock Market

    pdf23 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 1007 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 18Bài giảng Money and Banking - Lecture 18

    The Liquidity Premium Theory • Risk is the key to understanding the slope of the yield curve • The yield curve’s upward slope is due to long-term bonds being riskier than shortterm bonds • Bondholders face both inflation and interest-rate. The longer the term the greater the inflation and interest-rate risk

    pdf25 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 972 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 17Bài giảng Money and Banking - Lecture 17

    Review of the Previous Lecture • Bonds and Risk • Default Risk • Inflation Risk • Interest Rate Risk • Bond Ratings • Bond Ratings and Risk

    pdf18 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 868 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 16Bài giảng Money and Banking - Lecture 16

    Review of the Previous Lecture • Factors Influencing Bond Supply • Factors Influencing Bond Demand • Equilibrium Conditions

    pdf27 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 1016 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 15Bài giảng Money and Banking - Lecture 15

    Review of the Previous Lecture • Bonds • Yield to Maturity • Current Yield • Holding Period Returns • Bond Supply, Demand and Equilibrium

    pdf21 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 922 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 14Bài giảng Money and Banking - Lecture 14

    Review of the Previous Lecture • Bond & Bond pricing • Zero Coupon Bond • Fixed Payment Loan • Coupon Bonds • Consols • Bond Yield • Yield to Maturity • Current Yield

    pdf41 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 851 | Lượt tải: 0