Long-Term Capital Markets

Xingyun Peng

Chapter 9 in Financial Theory:Perspectives from China, 2015, pp 205-233 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The majority of those with surplus fund will purchase stocks or bonds on the capital market, while those with a shortage of funds will issue bonds or stocks on the capital market to raise funds. Thus, capital market is one of the most important parts of a modern financial system, and it relates to individuals, enterprises, and governments closely. In this chapter, we will introduce capital market fundamentals.

Keywords: Monetary Economics; Financial Markets; Monetary Policy; Financial System; Financial Development (search for similar items in EconPapers)
Date: 2015
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