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Palgrave Macmillan

Money, Credit and Asset Prices

  • Book
  • © 1994

Overview

Authors:
  1. Gordon Pepper

    1. Department of Banking and Finance, City University Business School, London, UK

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Table of contents (19 chapters)

  1. Elaboration

    1. Monitoring the Money Supply and Distortions to Monetary Data

      • Gordon Pepper
      Pages 237-256

    2. Capital Flows and Exchange Rates: Some Implications

      • Gordon Pepper
      Pages 257-270

    3. The Regulation of Stock Markets

      • Gordon Pepper
      Pages 271-279

  2. Back Matter

    Pages 281-304
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Keywords

About this book

'For amateurs and professionals alike wishing to deepen their understanding of the often mysterious and counter-intuitive fluctuations in asset prices, this book provides essential reading.' - Barry Riley, Financial Times 'Really required reading.' - Anthony Harris, Times According to mainstream economic theory, the prices of individual stocks respond rationally to unexpected news. However, real market movements appear to respond to news in more complex and sometimes perverse ways, overshooting or not reacting at all. Drawing on his hands-on experience, Professor Pepper puts forward a new theory based on the analysis of the supply of and demand for investible funds. He shows clearly that price movements are governed not by news but by the financial requirements of investors, requirements which therefore become a powerful forecasting tool.

Authors and Affiliations

  • Department of Banking and Finance, City University Business School, London, UK

    Gordon Pepper

About the author

GORDON PEPPER

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