The Economics of the Swap Market

By Brendan Brown

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.

• Format: Hardcover
• Language: English
• ISBN: 1138560677
• ISBN13: 9781138560673
• Release Date: November 2017
• Publisher: Routledge
• Length: 130 Pages