1st Edition
A Structural Model of the U.S. Government Securities Market
By V. Vance Roley
Copyright 1979
310 Pages
by
Routledge
310 Pages
by
Routledge
310 Pages
by
Routledge
Also available as eBook on:
Originally published in 1979. This study focuses primarily on the development of a structural model for the U. S. Government securities market, ie. 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. A particularly important issue addressed involves the extent of the... Read more
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
Biography
V. Vance Roley is Dean of the University of Hawaii at Mānoa's Shidler College of Business.
