
Financial Markets and Institutions, 9th edition
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Overview
Updated with the latest information and policies, Financial Markets and Institutions explores the changing landscape of financial markets and institutions to prepare you for a career in business or finance. It uses core principles to introduce topics, then examines models with real-world scenarios.
Published by Pearson (July 14th 2021) - Copyright © 2018
ISBN-13: 9780137554508
Subject: Finance
Category: Financial Markets & Institutions
Table of contents
Brief Contents
PART I: INTRODUCTION
- Why Study Financial Markets and Institutions?
- Overview of the Financial System
PART II: FUNDAMENTALS OF FINANCIAL MARKETS
- What Do Interest Rates Mean and What Is Their Role in Valuation?
- Why Do Interest Rates Change?
- How Do Risk and Term Structure Affect Interest Rates?
- Are Financial Markets Efficient?
PART III: FUNDAMENTALS OF FINANCIAL INSTITUTIONS
- Why Do Financial Institutions Exist?
- Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?
PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY
- Central Banks and the Federal Reserve System
- Conduct of Monetary Policy
PART V: FINANCIAL MARKETS
- The Money Markets
- The Bond Market
- The Stock Market
- The Mortgage Markets
- The Foreign Exchange Market
- Appendix: The Interest Parity Condition
- The International Financial System
PART VI: THE FINANCIAL INSTITUTIONS INDUSTRY
- Banking and the Management of Financial Institutions
- Financial Regulation
- Banking Industry: Structure and Competition
- The Mutual Fund Industry
- Insurance Companies and Pension Funds
- Investment Banks, Security Brokers and Dealers, and Venture Capital Firms
PART VII: THE MANAGEMENT OF FINANCIAL INSTITUTIONS
- Risk Management in Financial Institutions
- Hedging with Financial Derivatives
CONTENTS ON THE WEB
- Financial Crises in Emerging Market Economies
- Savings Associations and Credit Unions
- Finance Companies
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