Financial markets and institutions /
Frederic S. Mishkin, Stanley G. Eakins.
- 7th ed.
- Boston, MA : Prentice Hall, c2012.
- xxxix, [39], 623 p. : ill. (some col.) ; 27 cm.
- The Prentice Hall series in finance .
- Prentice Hall finance series. .
Includes index.
Introduction -- Why study financial markets and institutions? -- Overview of the financial system -- 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? -- Fundamentals of financial institutions -- Why do financial institutions exist? -- Why do financial crises occur and why are they so damaging to the economy? -- Central banking and the conduct of monetary policy -- Central banks and the federal reserve system -- Conduct of monetary policy: tools, goals, strategy, and tactics -- Financial markets -- The money markets -- The bond market -- The stock market -- The mortgage markets -- The foreign exchange market -- The international financial system -- 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 -- The management of financial institutions -- Risk management in financial institutions -- Hedging wit.
9780132136839 (hbk.)
Financial institutions--United States. Money--United States. Money market--United States. Banks and banking--United States.