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OverviewAn understanding of rates of return and pricing may help savers, investors and businesses better manage their finances and avoid losses. Policymakers may also benefit from rate-of-return-based analytical tools to prevent policy actions from leading to financial crises, worsening poverty and inequality. Drawing from five centuries of economic and financial thought, this book explores a framework in hopes of applying the concept of rates of return to current issues. Asset mispricing can result in unsustainable bubble-crash cycles, financial losses and economic dislocation. In Part II, rates of return on cost (RRC) and returns-to-valuation gaps are computed for publicly-traded non-financial firms in five sectors worldwide with total market capitalization of an estimated U.S. $700 billion as of 2015. The analysis may also apply to individuals: Declining purchasing power may result when consumer prices rise faster than the rate of return on the cost of living. A more general theory of returns-to-pricing may suggest that growth in rates of returns of financial entities should roughly align with pricing growth--in both asset and goods markets. The appendices include additional observations, historical extensions and commentary on analytical approaches for economic management in the 21st century. Full Product DetailsAuthor: Raoul KennedyPublisher: Createspace Independent Publishing Platform Imprint: Createspace Independent Publishing Platform Dimensions: Width: 15.20cm , Height: 0.90cm , Length: 22.90cm Weight: 0.218kg ISBN: 9781530465613ISBN 10: 1530465613 Pages: 158 Publication Date: 10 March 2016 Audience: General/trade , General Format: Paperback Publisher's Status: Active Availability: In stock We have confirmation that this item is in stock with the supplier. It will be ordered in for you and dispatched immediately. Table of ContentsReviewsAuthor InformationRaoul Kennedy is a financial and economic researcher and former finance professional whose interests include languages, art and science topics. Tab Content 6Author Website:Countries AvailableAll regions |