The Economics of Money, Banking, and Financial Markets - Couverture rigide

Mishkin, Frederic S.

Couverture rigide

ISBN 10 : 0673523780 ISBN 13 : 9780673523785

Editeur : Longman, 1995

Synopsis

Students are given in this book simple economic concepts that build a unifying analytic framework for interpretation. This framework enables students to critically evaluate and understand such things as why and how markets are set up as well as what role money and information play in the economy. Mishkin also provides step-by-step development of models that aid in student learning. To help students apply this knowledge to the everyday world, this text contains applications to financial events and policy issues. This new edition also prepares students to enter the global financial arena with an increased integration and focus on international events and issues. The major revision includes a more integrated approach to understanding financial structure and institutions that makes it easier to see the nature of the financial system and the pressure to innovate; a revised bank management chapter that brings in the consequences of the new rules on capital adequacy, and many new real-world applications.

A propos du livre

Biographie de l'auteur

Frederic S. Mishkin

Frederic S. Mishkin is the Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He is also a Research Associate at the National Bureau of Economic Research, co-director of the U.S. Monetary Policy Forum, a member of the Squam Lake Working Group on Financial Reform, and past president of the Eastern Economics Association. Since receiving his Ph.D. from the Massachusetts Institute of Technology in 1976, he has taught at the University of Chicago, Northwestern University, Princeton University, and Columbia. He has also received an honorary professorship from the People’s (Renmin) University of China. From 1994 to 1997, he was Executive Vice President and Director of Research at the Federal Reserve Bank of New York and an associate economist of the Federal Open Market Committee of the Federal Reserve System. From September 2006 to August 2008, he was a member (governor) of the Board of Governors of the Federal Reserve System.

 

Professor Mishkin’s research focuses on monetary policy and its impact on financial markets and the aggregate economy. He is the author of more than twenty books including Macroeconomics: Policy and Practice, Second Edition  (Pearson, 2015); Financial Markets and Institutions, Eighth Edition (Pearson, 2015); Monetary Policy Strategy, (MIT Press, 2007); The Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich (Princeton University Press, 2006); Inflation Targeting: Lessons from the International Experience (Princeton University Press, 1999); Money, Interest Rates, and Inflation (Edward Elgar, 1993); and A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient Markets Models (University of Chicago Press, 1983). In addition, he has published more than 200 articles in such journals as American Economic Review, Journal of Political Economy, Econometrica, Quarterly Journal of Economics, Journal of Finance, and Journal of Monetary Economics.

 

Professor Mishkin has served on the editorial board of American Economic Review and has been an associate editor at Journal of Business and Economic Statistics, the Journal of Applied Econometrics, Journal of Economic Perspectives, Journal of International Money and Finance, and Journal of Money, Credit and Banking; he also served as the editor of the Federal Reserve Bank of New York’s Economic Policy Review. He is currently an associate editor (member of the editorial board) at five academic journals, including International Finance; Finance India; Review of Development Finance, Borsa Economic Review and Emerging Markets, Finance and Trade. He has been a consultant to the Board of Governors of the Federal Reserve System, the World Bank, and the International Monetary Fund, as well as to many central banks throughout the world. He was also a member of the International Advisory Board to the Financial Supervisory Service of South Korea and an advisor to the Institute for Monetary and Economic Research at the Bank of Korea. Professor Mishkin was a Senior Fellow at the Federal Deposit Insurance Corporation’s Center for Banking Research and was an academic consultant to and serves on the Economic Advisory Panel of the Federal Reserve Bank of New York.

 

Quatrième de couverture

“Essential reading for anyone wanting in-depth knowledge of the way financial systems operate around the world, particularly in Europe.” Dr Sugata Ghosh, Brunel University

 

“This book is very comprehensive, clear and student friendly.” Sima Motamen-Samadian, University of Westminster

 

The third edition of The Economics of Money, Banking and Finance is written to meet the needs of students requiring a rigorous grounding in financial economics theory, combined with institutional and policy discussion relevant to the ‘real world’ of contemporary Europe.

 

Key Features

·        Exercises and end-of-chapter questions encourage students to take a genuine interest in financial markets and to develop the skills needed to understand new developments.

·        Includes extensive use of up-to-date examples, explains how to use relevant tables from the Financial Times and indicates many sources of information on the Internet.

·        Separate chapters deal with the financial systems in the UK, the USA, Germany, France, Italy and the Nordic countries.

·        ‘More from the web’ allows students to expand their knowledge and areas of interest.

 

New to this edition

·        Coverage of current issues such as the transparency of monetary policy and the psychological analysis of behaviour in financial markets.

·        Strengthened material on banking and monetary economics.

·        Increased emphasis on the integration of international financial markets, especially within Europe.

·        Redesigned to aid and improve navigation.

 

Assuming a basic grounding in economic principles, The Economics of Money, Banking and Finance is suitable for a range of one and two semester courses at the undergraduate level and appeals to financial services students as well as students of economics.

 

Peter Howells is reader in Economics at the University of the West of England, specialising in monetary and financial economics.

 

Keith Bain is formerly of the University of East London where he specialised in monetary economics and macroeconomic policy.

 

Hans-Michael Trautwein, Professor of International Economics at the Carl von Ossietzky University of Oldenburg in Germany, and Murray Glickman, Principal Lecturer in the East London Business School, University of East London, have also contributed to this edition.

 

 

 

 

Détails de l'édition

• Éditeur: Longman
• Date d'édition: 1995
• Langue: anglais
• ISBN 10: 0673523780
• ISBN 13: 9780673523785
• Reliure: Relié
• Numéro d'édition: 4
• Nombre de pages: 848
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible