The Economics of the Swap Market

1st Edition

Brendan Brown

Routledge
Published November 30, 2017
Reference - 126 Pages
ISBN 9781138560673 - CAT# Y381196
Series: Routledge Library Editions: Financial Markets

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Summary

First published in 1989, The Economics of the Swap Market looks at how the swap has become a commonplace tool for corporations throughout the OECD world to ‘lock-in’ interest rates on their borrowing. The aim of The Economics of the Swap Market, is to contribute to a redressing of the balance. Subjects covered include both those conventionally falling within the scope of micro-economics and of macroeconomics, beginning with an examination of the forces behind the take-off the swap market and a formal setting out of key arbitrage relationships which hold in equilibrium between the swap markets on international capital flow.

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