DERIVATIVE LOGIC AND THE BANKING SYSTEM

• Authors: Wojciech M. LIS , Ruprecht von HEUSINGER
• Languages of publication: EN

Abstracts

EN

This paper tries to develop a fresh view of what it means to analyze the banking system. We use modern finance theory to disentangle the obvious. The view  we put forward is suggestive and the idea is that by disentangling the language and transforming it into a language of finance, we realize what the liability side of a banks balance sheet consists of. In order to get going, we have to review both, the Merton model and the put-call parity. The technical details are less important than the generał idea of what they convey [Merton, 1974].

• Publisher: Uniwersytet Opolski, Wydział Ekonomiczny
• Journal: Economic and Environmental Studies
• Year: 2007
• Volume: 10
• Pages: 173-183

Dates

published

2020-12-18

Contributors

author

Wojciech M. LIS

author

Ruprecht von HEUSINGER