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Financial markets and institutions /

Mishkin, Frederic S.

Financial markets and institutions / Frederic S. Mishkin, Stanley G. Eakins. - 9th ed. Global edition - Harlow, England; Pearson, c2018. - 692p.; ill. (some col.) : 26 cm. - The Prentice Hall series in finance .

Includes index.

Introduction -- Why study financial markets and institutions? -- Overview of the financial system -- 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? -- Why do financial institutions exist? -- Why do financial crises occur and why are they so damaging to the economy? -- Central banks -- Central banks -- Conduct of monetary policy -- 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 -- 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 -- Risk management in financial institutions -- Hedging with financial derivatives

9781292215006

2010048490


Financial institutions--United States.
Money--United States.
Money market--United States.
Banks and banking--United States.

HG181 / .M57 2018