The Intermediation of Financial Risks: Evolution in the Catastrophe Reinsurance Market
โ Scribed by Kenneth A. Froot
- Book ID
- 109178515
- Publisher
- Wiley (Blackwell Publishing)
- Year
- 2008
- Tongue
- English
- Weight
- 459 KB
- Volume
- 11
- Category
- Article
- ISSN
- 1098-1616
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
More specifically, futures prices may influence storage and inventory decisions and may exact an important influence on production decisions. This is their price discovery function. Futures markets are seen as an efficient collector, processor, and disseminator of information. 'The large number of
e development of futures markets in financial instruments has provided fi-T. nancial intermediaries, among others, with a vehicle for hedging against unanticipated changes in interest rates.' Protection against these fluctuations can benefit lending institutions which have exposed themselves to inte