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Found 2 from your keywords: author=Frederick Betz
cover
Stability in International Finance: Applications of Price Disequilibrium Theo…
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Frederick Betz

In the modern knowledge economy in a global world, financial socio-technical systems still continue to be central to global commerce. Moreover, technological advances in computer and communications have changed both the knowledge economy and the financial system. While globalization and technology have made international finance more powerful and important to knowledge economies, they have al…

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978-3319267586
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cover
Stability in International Finance
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Frederick Betz

Why are international fi nancial systems unstable? To understand this, one must use a proper model for a fi nancial market—a model which is not just normative but empirically valid. The traditional market model of price-equilibrium, while valid for commodity markets, is not empirically valid for fi nancial markets. Instead, fi nancial markets must be understood in a price-disequilibrium m…

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ISBN/ISSN
978-3-319-26760-9
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