The economics of money, banking, and financial markets / Frederic S. Mishkin

Includes index.

Part I: Introduction. 1. Why study money, banking, and financial markets? ; 2. An overview of the financial system ; 3. What is money? -- Part II: Financial markets. 4. The meaning of interest rates ; 5. The behavior of interest rates ; 6. The risk and term structure of interest rates ; 7. The stock market, the theory of rational expectations, and the efficient market hypothesis -- Part III: Financial institutions. 8. An economic analysis of Financial structure ; 9. Banking and the management of financial institutions ; 10. Economic analysis of financial regulation ; 11. Banking industry: structure and competition ; 12. Financial crises -- Part IV: Central banking and the conduct of monetary policy. 13. Central banks and the Federal Reserve System ; 14. The money supply process ; 15. Tools of monetary policy ; 16. The conduct of monetary policy: strategy and tactics -- Part V: International finance and monetary policy. 17. The foreign exchange market ; 18. The International financial system -- Part VI: Monetary theory. 19. Quantity Theory, inflation, and the demand for money ; 20. The IS Curve ; 21. The monetary policy and aggregate demand Curves ; 22. Aggregate demand and supply analysis ; 23. Monetary policy theory ; 24. The Role of expectations in monetary policy ; 25. Transmission mechanisms of monetary policy Additional chapters on MyLab Economics. 1. Financial crises in emerging market economies ; 2. The ISLM model ; 3. Nonbank finance ; 4. Financial derivatives ; 5. Conflicts of interest in the financial services industry