昆士兰大学 金融市场经济学教学课件Lecture 6 An Economic Analysis of Financial Structure.pdfVIP

Economics of Financial Markets – Lecture 6 Nhan Phan School of Economics Review: Concepts from last week •Mostly from Chapter 7 •Dividends •The one-period valuation model •The generalized dividend valuation model •The theory of rational expectations •Adaptive expectations •Optimal forecast •The efficient market hypothesis •Random-walk •Behavioural Finance Preview •A healthy and vibrant economy requires a financial system that moves funds from people who save to people who have productive investment