Financial markets + institutions / Frederic S. Mishkin, Stanley G. Eakins
Imprint
Boston, Mass. : Addison-Wesley, c2003
Edition
4th ed
Descript
xxxv, 697 p. : ill
CONTENT
Why study financial markets and institutions? -- Overview of the financial system -- Understanding interest rates -- The behavior of interest rates -- The risk and term structure of interest rates -- Structure of Central Banks and the Federal Reserve system -- Conduct of monetary policy: tools, goals, and targets -- The money markets -- The capital markets -- The efficient market hypothesis -- The mortgage markets -- The foreign exchange market -- The international financial system -- Theory of financial structure -- The banking firm and bank management -- Commercial banking industry: structure and competition -- Saving Associations and Credit Unions -- Banking regulation -- Insurance companies and pension funds -- Venture capital firms, finance companies, and financial conglomerates -- Investment banks, brokerage firms, and mutual funds -- Risk management in financial institutions -- Hedging with financial derivatives