Tag: interest rates

  • Exorcising animal spirits out of Keynes, by Paul Jorion

    Exorcising animal spirits out of Keynes

    Paul Jorion, Stewardship of finance chair, Vrije Universiteit Brussel

    To be published in a forthcoming issue of the European Journal of Social Theory:┬áspecial issue on “Rethinking Capitalism”, 2014

    Might be referred to as “European Journal of Social Theory (forthcoming): http://www.pauljorion.com/blog_en/?p=1229″

    Abstract:

    Torn between the duties associated with…

  • THE SPANISH RISK PREMIUM

    The Spanish risk premium

    There were two bond issues today, one in Spain, the other in Denmark, which allow us to carry out an interesting little calculation of the risk premium required of Spain when it borrows on the capital markets.

    A short while ago the Spanish…