Learning the pre limited liability value process of equity claims and its relationship to the stock price is an answer to the financial jeorpardy question when observed option prices are the answer being given by the market. Constant dollar equity holder values, prior to the imposition of...

The economic crisis of 2008–2010 stimulated an already growing sociological interest in finance. Before the crisis, disintermediation and securitization changed how the U.S. financial system operated, as bank operations shifted from the traditional originate-and-hold model to...

There are strong views of different projections of growth likely to be achieved by India in the current year. The range of projections for the growth in real GDP at factor cost by various agencies is quite wide, between 4.25 per cent and 5.5 per cent. One must realize that the growth projections...