Money, Banking, and the Financial System, 3rd edition

  • Glenn Hubbard, 
  • Anthony Patrick O'Brien

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Money, Banking, and the Financial System arms you with the most up-to-date coverage of the changing monetary and financial system and connects economics to daily life.

Published by Pearson (September 18th 2020) - Copyright © 2021

ISBN-13: 9780136878995

Subject: Economics

Category: Topics in Microeconomics

Table of contents

Part 1: Foundations
1. Introducing Money and the Financial System
2. Money and the Payments System
3. Interest Rates and Rates of Return
4. Determining Interest Rates

Part 2: Financial Markets
5. The Risk Structure and Term Structure of Interest Rates
6. The Stock Market, Information, and Financial Market Efficiency
7. Derivatives and Derivative Markets
8. The Market for Foreign Exchange

Part 3: Financial Institutions
9. Transactions Costs, Asymmetric Information, and the Structure of the Financial System
10. The Economics of Banking
11. Beyond Commercial Banks: Shadow Banks and Nonbank Financial Institutions
12. Financial Crises and Financial Regulation

Part 4: Monetary Policy
13. The Federal Reserve and Central Banking
14. The Federal Reserve's Balance Sheet and the Money Supply Process
15. Monetary Policy
16. The International Financial System and Monetary Policy

Part 5: The Financial System and the Macroeconomy
17. Monetary Theory I: The Aggregate Demand and Aggregate Supply Model
18. Monetary Theory II: The IS--MP Model

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