Philosophy Dictionary of ArgumentsHome
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| Capital market theory: Capital market theory (CMT) is a branch of finance that studies the relationship between risk and return in financial markets. It seeks to understand how investors price securities and how they make investment decisions. See also Markets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Neoclassical Economics on Capital Market Theory - Dictionary of Arguments
Mause I 224f Capital market theory/Neoclassics: thesis of the neoclassics: the current price of assets corresponds to the average of all expected future rates. Consequently, (...) the prevailing yield of bonds reflects all yield expectations of market participants. Neoclassical approaches assume that the circulation speed of money is largely stable or predictable. In this case, monetary policy impulses could have an unimpeded impact on the real sector of the economy. The stability of the circulation speed is justified by the theory of relative prices in the sense of Milton Friedman.(1) VsNeoclassicism see Monetary Policy/Keynesianism. 1. M. Friedman, The quantity theory of money: A restatement. In Studies in the quantity theory of money, Hrsg. Milton Friedman, 51– 67. Chicago 1956._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Neoclassical Economics Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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> Counter arguments against Neoclassical Economics
> Counter arguments in relation to Capital Market Theory
Ed. Martin Schulz, access date 2024-04-25