Financial economics is the branch of economics concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment" [http://nobelprize.org/nobel_prizes/economics/laureates/1997/merton-lecture.pdf]. It is additionally characterised by its "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade" [http://www.stanford.edu/~wfsharpe/mia/int/mia_int2.htm].
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| - Financial economics is the branch of economics concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment" [http://nobelprize.org/nobel_prizes/economics/laureates/1997/merton-lecture.pdf].
It is additionally characterised by its "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade" [http://www.stanford.edu/~wfsharpe/mia/int/mia_int2.htm]. The questions within Financial economics are typically framed in terms of "time, uncertainty, options and information" [http://www.stanford.edu/~wfsharpe/mia/int/mia_int2.htm].
* Time: money now is traded for money in the future.
* Uncertainty (or risk): The amount of money to be transferred in the future is uncertain.
* options: one party to the transaction can make a decision at a later time that will affect subsequent transfers of money.
* Information: knowledge of the future can reduce, or possibly eliminate, the uncertainty associated with future monetary value (FMV). (en)
- L'economia finanziaria è una branca della teoria economica e della finanza dedicata allo studio dei mercati finanziari e del comportamento degli agenti economici che vi operano. L'economia finanziaria si occupa di problemi quali:
*La determinazione dei prezzi delle attività finanziarie: azioni, opzioni, obbligazioni, tassi di cambio, etc.
*Gli effetti delle scelte di finanziamento da parte delle imprese, in particolare delle decisioni concernenti la struttura del capitale, ossia la scelta tra emissione di debito e di nuove azioni;
*Le scelte di portafoglio degli individui;
*Il ruolo dell'informazione nei mercati finanziari. (it)
- Finansiell ekonomi är studiet av hur ändliga resurser allokeras över tiden. Traditionellt berör finansiell ekonomi monetära transaktioner, där båda sidorna av ett handelsutbyte utgörs av pengar eller värdepapper. (sv)
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| - Financial economics is the branch of economics concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment" [http://nobelprize.org/nobel_prizes/economics/laureates/1997/merton-lecture.pdf]. It is additionally characterised by its "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade" [http://www.stanford.edu/~wfsharpe/mia/int/mia_int2.htm]. (en)
- L'economia finanziaria è una branca della teoria economica e della finanza dedicata allo studio dei mercati finanziari e del comportamento degli agenti economici che vi operano. L'economia finanziaria si occupa di problemi quali: (it)
- Finansiell ekonomi är studiet av hur ändliga resurser allokeras över tiden. Traditionellt berör finansiell ekonomi monetära transaktioner, där båda sidorna av ett handelsutbyte utgörs av pengar eller värdepapper. (sv)
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| - Financial economics (en)
- Economia finanziaria (it)
- Finansiell ekonomi (sv)
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