The Co-operative University of Kenya

Money, Banking, and the Financial System /

Hubbard, R. Glenn.

Money, Banking, and the Financial System / R. Glenn Hubbard, Columbia University, Anthony Patrick O'Brien, Lehigh University. - Second Edition. - xxx, 622 pages : color illustrations, color maps ; 27 cm

Includes index.

Includes Index.

Introducing money and the financial system -- Money and the payments system -- Interest rates and rates of return -- Determining interest rates -- The risk structure and term structure of interest rates -- The stock market, information, and financial market efficiency -- Derivatives and derivative markets -- The market for foreign exchange -- Transactions costs, asymmetric information, and the structure of the financial system -- The economics of banking -- Investment banks, mutual funds, hedge funds, and the shadow banking system -- Financial crises and financial regulation -- The federal reserve and central banking -- The Federal Reserve's balance sheet and the money supply process -- Monetary policy -- The international financial system and monetary policy -- Monetary theory I: the aggregate demand and aggregate supply model -- Monetary theory II: the is/mp model.

9780132994910 (hbk.)

2012051147


Money.
Banks and banking.
International finance.
Monetary policy.

HG221 / .H833 2013

332.1

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