Economics of Money, Banking, and Financial Markets, The, 13th edition

  • Frederic S Mishkin

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Overview

The Economics of Money, Banking and Financial Markets brings a fresh perspective to financial policy. Influenced by his term as Governor of the Federal Reserve, the author provides a unique viewpoint on the monetary policy process, the regulation and supervision of the financial system and the internationalization of financial markets.

Published by Pearson (June 29th 2021) - Copyright © 2022

ISBN-13: 9780136893929

Subject: Economics

Category: Money & Banking

Table of contents

PART 1: INTRODUCTION
1. Why Study Money, Banking, and Financial Markets?
2. An Overview of the Financial System
3. What Is Money?

PART 2: 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 3: 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 4: 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 5: INTERNATIONAL FINANCE AND MONETARY POLICY
17. The Foreign Exchange Market
18. The International Financial System

PART 6: 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

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