TAILIEUCHUNG - Thị trường tài chính và các định chế tài chính_ Chapter 02

Loanable Funds Theory Loanable funds theory suggests that the market interest rate is determined by the factors that affect the supply of and demand for loanable funds. Can be used to explain movements in the general level of interest rates of a particular country. Can be used to explain why interest rates among debt securities of a given country vary. | Chapter 2 Determination of Interest Rates Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. Chapter Outline Loanable funds theory Economic forces that affect interest rates Forecasting interest rates Loanable Funds Theory Loanable funds theory suggests that the market interest rate is determined by the factors that affect the supply of and demand for loanable funds Can be used to explain movements in the general level of interest rates of a particular country Can be used to explain why interest rates among debt securities of a given country vary Loanable Funds Theory (cont’d) Household demand for loanable funds Households demand loanable funds to finance Housing expenditures Automobiles Household items There is an inverse relationship between the interest rate and the quantity of loanable funds demanded Loanable Funds Theory (cont’d) Business demand for loanable funds Businesses demand

• Tài chính doanh nghiệp
• financial markets
• institutions FM&I
• tài chính
• thị trường tài chính
• Lecture Financial markets
• Financial futures markets
• Valuation of financial futures
• Interest rate futures
• Financial institutions
• Lecture Financial markets and institutions
• Financial institutions markets
• Capital markets
• Money markets
• Derivative securities markets
• Futures markets
• Option markets
• Swap markets
• Foreign exchange derivative markets
• Bank management
• Types of Financial Markets
• Securities traded
• Valuation of securities
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Commercial banks
• Financial statements
• Risks at financial institutions
• Market risk
• Exchange rates
• Economics 252
• Efficient markets
• Excess volatility
• Efficient Markets Hypothesis
• Interest rate derivative markets
• Interest rate swaps
• Mortgage backed securities
• Globalization of mortgage markets
• Financial markets and institutions
• The financial system
• Interest rates change
• Financial markets efficient
• Term structure affect interest rates
• The stock market
• The mortgage markets
• The international financial system
• Financial regulation
• Interest rate fundamentals
• Interest rates
• Security valuation