The economics of money, banking, and financial markets

Author(s)

• Mishkin, Frederic S.

Bibliographic Information

The economics of money, banking, and financial markets

Frederic S. Mishkin

（Pearson series in economics）

Pearson, c2013

10th ed., global ed

Note

"Always learning"--Cover

Includes bibliographical references and index

Description and Table of Contents

Description

Were you looking for the book with access to MyEconLab? This product is the book alone, and does NOT come with access to MyEconLab. Buy Economics of Money, Banking and Financial Markets with MyEconLab: Global Edition, 10/e (ISBN 9780273765851) if you need access to the MyLab as well, and save money on this brilliant resource. The Economics of Money, Banking, and Financial Markets set the standard for money and banking courses when it published in its first edition, and it continues to be the worldwide market leader. By applying a unified analytical framework to the models, Mishkin makes theory intuitive for students, and the rich array of current, real-world events keeps students motivated. Authoritative, comprehensive, and flexible, the text is easy to integrate into a wide variety of syllabi, and its ancillaries provide complete support when teaching the course. This Global Edition has been edited to include enhancements making it more relevant to students outside the United States. The editorial team at Pearson has worked closely with educators around the globe to include: This edition continues to expand on the discussion of the current financial crisis. Need extra support? This product is the book alone, and does NOT come with access to MyEconLab. This title can be supported by MyEconLab, an online homework and tutorial system which can be used by students for self-directed study or fully integrated into an instructor's course. You can benefit from MyEconLab at a reduced price by purchasing a pack containing a copy of the book and an access card for MyEconLab: Economics of Money, Banking and Financial Markets with MyEconLab: Global Edition, 10/e (ISBN 9780273765851). Alternatively, buy access online at www.MyEconLab.com. For educator access, contact your Pearson Account Manager. To find out who your account manager is, visit www.pearsoned.co.uk/replocator

Table of Contents

PART 1 I ntroduction 43 1 Why Study Money, Banking, and Financial Markets?........................................ 44 2 An Overview of the Financial System................................................................ 67 3 What Is Money?................................................................................................. 94 PART 2 Financial Markets 107 4 Understanding Interest Rates........................................................................... 108 5 The Behavior of Interest Rates.......................................................................... 130 6 The Risk and Term Structure of Interest Rates................................................. 160 7 The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis.................................................................183 PART 3 Financial Institutions 203 8 An Economic Analysis of Financial Structure.................................................. 204 9 Financial Crises in Advanced Economies ........................................................227 10 Financial Crises in Emerging Market Economies ............................................245 11 Banking and the Management of Financial Institutions ..................................265 12 Economic Analysis of Financial Regulation .....................................................294 13 Banking Industry: Structure and Competition................................................. 321 PART 4 C entral Banking and the Conduct of Moneta ry Policy 353 14 Central Banks: A Global Perspective ................................................................354 15 The Money Supply Process ..............................................................................379 16 The Tools of Monetary Policy........................................................................... 409 17 The Conduct of Monetary Policy: Strategy and Tactics .................................. 434 PART 5 I nternat ional Finance and Moneta ry Policy 475 18 The Foreign Exchange Market .........................................................................476 19 The International Financial System................................................................. 500 PART 6 Moneta ry Theory 533 20 Quantity Theory, Inflation, and the Demand for Money...................................534 21 The IS Curve.....................................................................................................551 22 The Monetary Policy and Aggregate Demand Curves.......................................569 23 Aggregate Demand and Supply Analysis...........................................................582 24 Monetary Policy Theory....................................................................................624 25 The Role of Expectations in Monetary Policy...................................................643 26 Transmission Mechanisms of Monetary Policy.................................................662

by "Nielsen BookData"

Details

• NCID: BB09923018
• ISBN:
  • 9780273765738
• LCCN: 2011045340
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Boston ; Tokyo
• Pages/Volumes: 726 p.
• Size: 26 cm
• Classification:
  • LCC : HG173
  • DC23 : 332
• Subject Headings:
  • LCSH : Finance
  • LCSH : Money
  • LCSH : Banks and banking
• Parent Bibliography ID:
  • BB06783546