Bibliografie
Journal Article
An economic uncertainty principle
: Acta Oeconomica Pragensia vol.8, 2 (2000), p. 79-87
: AV0Z1075907
: GA402/97/0007, GA ČR, GA402/97/0770, GA ČR
(eng): One of the central tenets of modern financial economics is the necessity of some trade-off between a risk and an expected return. It is generally known the price of interest-bearing securities such as bonds rises when rates fall, and vice versa. If a security's expected price change is positive, it is needed a reward to attract investors to hold the asset and bear the corresponding risks.
: 12B, 05D
: BB