Economics of derivatives
- Delhi Cambridge University Press 2017
- xv, 255 pages illustration ; 24 cm
Rs.750/-
Definition and typology -- The economic functions of derivatives markets -- Market completion -- Derivatives and price stabilization -- Derivatives and price destabilization -- The effects of derivatives on prices of the underlying : a synthesis -- Causes of the rapid growth in derivatives trading : a historical perspective -- The role of derivatives in the global financial crisis of 2008 -- Models and their effects on markets -- Derivatives and merging markets-Part I -- Derivatives and emerging markets-Part II -- Regulation of derivatives -- Derivatives and development : a critique -- Regulatory policy for derivatives : a pragmatic approach.
"Discusses both the benefits and the drawbacks of derivatives trading and tries to take a broad view of both theory and practice"--