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The book offers a comprehensive analysis of how interest rates and asset prices are determined, using straightforward assumptions. It presents a theory that serves as either an alternative to or an extension of the liquidity preference theory, providing valuable insights into financial economics. First published in 1960, it remains a significant contribution to understanding the interplay between interest rates and asset valuation.
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Interest Rates and Asset Prices, Ralph Turvey
- Language
- Released
- 2024
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- (Paperback)
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