Idiosyncratic Features of Kalecki's Pricing Models
β Scribed by John D. Carson
- Book ID
- 108550070
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 326 KB
- Volume
- 65
- Category
- Article
- ISSN
- 1463-6786
No coin nor oath required. For personal study only.
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## Abstract This article provides a generalized formula for pricing equity swaps with constant notional principal when the underlying equity markets and settlement currency can be set arbitrarily. To derive swap values using the riskβneutral valuation method, the swap payment is replicated at each