A Structural Model of the U.S. Government Securities Market

ISBN-13: 9780815350521 / Angielski / Miękka / 2019 / 306 str.

V. Vance Roley

Opis

Originally published in 1979. This study looks at the specification and estimation of the demands for disaggregated maturity classes of U.S. Government securities by the individual investor groups participating in the market.

Spis treści

Preface 1. Introduction 2. Microeconomic Foundations of Asset Demand Equations 3. Properties of Asset Demand Equations Derived from Mean-Variance Analysis: Some General Results 4. The Portfolio Selection Problem of Depository Financial Intermediaries, and the Demand for U.S. Government Securities 5. Empirical Results for the Structural Model of the U.S. Government Securities Market 6. Summary and Conclusions

O autorze

V. Vance Roley is Dean of the University of Hawaii at Mānoa's Shidler College of Business.