Economics of Money, Banking, and Financial Markets, The, 12th edition

Published by Pearson (February 23, 2018) © 2019

  • Frederic S Mishkin Columbia University
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The Economics of Money, Banking and Financial Markets brings a fresh perspective to today's major questions surrounding financial policy. Influenced by his term as Governor of the Federal Reserve, Frederic Mishkin offers a unique viewpoint and informed insight into the monetary policy process, the regulation and supervision of the financial system, and the internationalization of financial markets.

Using real-world examples, the 12th Edition helps you apply these financial models, terms and equations to decisions that affect both your personal and professional lives.

PART I: INTRODUCTION 1

1. Why Study Money, Banking, and Financial Markets?

2. An Overview of the Financial System

3. What Is Money?      


PART II: FINANCIAL MARKETS

4. The Meaning of Interest Rates

5. The Behavior of Interest Rates

6. The Risk and Term Structure of Interest Rates

7. The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis   


PART III: FINANCIAL INSTITUTIONS

8. An Economic Analysis of Financial Structure

9. Banking and the Management of Financial Institutions

10. Economic Analysis of Financial Regulation

11. Banking Industry: Structure and Competition

12. Financial Crises


PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY

13. Central Banks and the Federal Reserve System

14. The Money Supply Process

15. Tools of Monetary Policy

16. The Conduct of Monetary Policy: Strategy and Tactics


PART V: INTERNATIONAL FINANCE AND MONETARY POLICY 

17. The Foreign Exchange Market

18. The International Financial System


PART VI: MONETARY THEORY

19. Quantity Theory, Inflation, and the Demand for Money

20. The IS Curve

21. The Monetary Policy and Aggregate Demand Curves

22. Aggregate Demand and Supply Analysis

23. Monetary Policy Theory

24. The Role of Expectations in Monetary Policy

25. Transmission Mechanisms of Monetary Policy


CHAPTERS ON THE WEB 

1. Financial Crises in Emerging Market Economies

2. The ISLM Model

3. Nonbank Finance

4. Financial Derivatives

5. Conflicts of Interest in the Financial Services Industry

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