Money, Banking, and the Financial System, 5th edition

Glenn Hubbard
, Anthony Patrick O'Brien

Find it fast
Quickly navigate your eTextbook with search
Stay organized
Access all your eTextbooks in one place
Easily continue access
Keep learning with auto-renew

Money, Banking, and The Financial System is designed to build excitement around financial markets, how they’re structured and how they connect to the broader economy. Renowned authors Glenn Hubbard and Tony O’Brien simplify financial developments over the past two decades. They examine changes in monetary policy, borrowing and lending, bank operations, rate fluctuations and regulatory responses.

The 5th Edition analyzes financial events of recent years, such as the pandemic-spurred financial crisis, the highest inflation rates since the 1980s and the highest tariff rates since the 1930s. Supporting cases, exercises, solved problems and review questions were all revised to reflect the modernized content.

ISBN-13: 9780135429280

Subject: Economics

Category: Money & Banking

Introducing Money and the Financial System
Money and the Payments System
Interest Rates and Rates of Return
Determining Interest Rates
The Risk Structure and Term Structure of Interest Rates
The Stock Market, Information, and Financial Market Efficiency
Derivatives and Derivative Markets
The Market for Foreign Exchange
Transactions Costs, Asymmetric Information, and the Structure of the Financial System
The Economics of Banking
Beyond Commercial Banks: Shadow Banks and Nonbank Financial Institutions
Financial Crises and Financial Regulation
The Federal Reserve and Central Banking
The Federal Reserve’s Balance Sheet and the Money Supply Process
Monetary Policy
The International Financial System and Monetary Policy
Monetary Theory I: The Aggregate Demand and Aggregate Supply Model
Monetary Theory II: The IS-MP Model