Год выпуска: 2004
Издательство: Pearson
Язык книги: Английский
ISBN: 0-321-12235-6
Формат: PDF
Качество: eBook (изначально компьютерное)
Количество страниц: 850
Отличная книга для всех, кому интересно банковское дело и устройство финансовых рынков.
Economics of Money, Banking, and Financial Markets heralded a dramatic shift in the teaching of the money and banking course in its first edition, and today it is still setting the standard. By applying an analytical framework to the patient, stepped-out development of models, Frederic Mishkin draws students into a deeper understanding of modern monetary theory, banking, and policy. His landmark combination of common sense applications with current, real-world events provides authoritative, comprehensive coverage in an informal tone students appreciate. Mishkin's previous post as Executive Vice President and Director of Research at the Federal Reserve Bank of New York lends an insiders-view that helps to demystify this key institution for students.  

CONTENTS IN BRIEF

PART I Introduction 1

1 Why Study Money, Banking, and Financial Markets? ....................3

2 An Overview of the Financial System................................23

3 What Is Money? ................................................44

PART II Financial Markets 59

4 Understanding Interest Rates......................................61

5 The Behavior of Interest Rates .....................................85

6 The Risk and Term Structure of Interest Rates........................120

7 The Stock Market, the Theory of Rational Expectations,

and the Efficient Market Hypothesis ...............................141

PART III        Financial Institutions 167

8 An Economic Analysis of Financial Structure ........................169

9 Banking and the Management of Financial Institutions.................201

10 Banking Industry: Structure and Competition........................229

11 Economic Analysis of Banking Regulation...........................260

12 Nonbank Finance..............................................287

13 Financial Derivatives ...........................................309

PART IV        Central Banking and the Conduct of Monetary Policy 333

14 Structure of Central Banks and the Federal Reserve System .............335

15 Multiple Deposit Creation and the Money Supply Process ..............357

16 Determinants of the Money Supply ................................374

17 Tools of Monetary Policy ........................................393

18 Conduct of Monetary Policy: Goals and Targets ......................411

PART V International Finance and Monetary Policy 433

19 The Foreign Exchange Market....................................435

20 The International Financial System ................................462

21 Monetary Policy Strategy: The International Experience ................487

PART VI Monetary Theory 515

22 The Demand for Money.........................................517

23 The Keynesian Framework and the ISLM Model......................536

24 Monetary and Fiscal Policy in the ISLM Model .......................561

25 Aggregate Demand and Supply Analysis ............................582

26 Transmission Mechanisms of Monetary Policy: The Evidence ............603

27 Money and Inflation............................................632

28 Rational Expectations: Implications for Policy........................658