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History of Interest Rates
Sidney Homer
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Description for History of Interest Rates
Hardcover. Presents an account of interest rate trends and lending practices over four millennia of economic history. This title offers an analysis of money markets and borrowing practices in major economies. Series: Wiley Finance Series. Num Pages: 736 pages, Illustrations. BIC Classification: KFF. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 54. Weight in Grams: 1006.
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 ... Read more
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 ... Read more
Product Details
Publisher
John Wiley and Sons Ltd United States
Number of pages
736
Format
Hardback
Publication date
2005
Series
Wiley Finance Series
Condition
New
Number of Pages
736
Place of Publication
New York, United States
ISBN
9780471732839
SKU
V9780471732839
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
About Sidney Homer
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 ... Read more
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