History of Interest Rates by Sidney Homer
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History of Interest Rates
By Sidney Homer

A History of Interest Rates

4th Revised edition

By (author) See other recent books by Sidney Homer See other recent books by Richard Sylla
Format: Hardback

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History of Interest Rates by Sidney Homer

Book Description

"A History of Interest Rates" presents a very readable account of interest rate trends and lending practices over four millennia of economic history. Despite the paucity of data prior to the Industrial Revolution, authors Homer and Sylla provide a highly detailed analysis of money markets and borrowing practices in major economies. Underlying the analysis is their assertion that "the free market long-term rates of interest for any industrial nation, properly charted, provide a sort of fever chart of the economic and political health of that nation." Given the enormous volatility of rates in the 20th century, this implies we're living in age of political and economic excesses that are reflected in massive interest rate swings. Gain more insight into this assertion by ordering a copy of this book today.

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Book Details

ISBN: 9780471732839
ISBN-10: 0471732834
Format: Hardback
(230mm x 164mm x 57mm)
Pages: 736
Imprint: John Wiley & Sons Inc
Publisher: John Wiley and Sons Ltd
Publish Date: 13-Sep-2005
Country of Publication: United States

Other Editions...


Books By Author Sidney Homer

Inside the Yield Book by Sidney Homer Inside the Yield Book, Hardback (May 2013)

A completely updated edition of the guide to modern bond analysis First published in 1972, Inside the Yield Book revolutionized the fixed-income industry and forever altered the way investors looked at bonds. Over forty years later, it remains a standard primer and reference among market professionals.

» View all books by Sidney Homer

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Author Biography - Sidney Homer

SIDNEY HOMER, who died in 1983, was a limited partner in Salomon Brothers and was the general partner in charge of the firm's bond market research department. He is best known for his pioneering and analytical works of bond market history and the economic forces that drive bond market trends. RICHARD SYLLA is Henry Kaufman Professor of the History of Financial Institutions and Markets and a Professor of Economics, Entrepreneurship, and Innovation at NYU's Stern School of Business. He is a past president of the Economic History Association and is a trustee of the Museum of American Financial History.

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