Financial markets and institutions /

Mishkin, Frederic S.

Financial markets and institutions / Frederic S. Mishkin, Stanley G. Eakins. - 6th ed. - Boston : Pearson Prentice Hall, c2009. - xxxix, 675, [35] p. : ill. (some col.) ; 27 cm. - Prentice Hall series in finance .

Includes index.

Includes bibliographical references and index.

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? -- Structure of central banks and the federal reserve system -- Conduct of monetary policy : tools, goals, strategy, and tactics -- The money markets -- The bond market -- The stock market -- The mortgage markets -- The foreign exchange market -- The international financial system -- Whay do financial institutions exist? -- What should be done about conflicts of interest? : a central issue in business ethics -- Banking and the management of financial institutions -- Commercial banking industry : structure and competition -- Savings associations and credit unions -- Banking regulation -- 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 -- Finance companies.

0321374215 (alk. paper) 9780321374219 (alk. paper) 9780321552112 (pbk.) 0321552113 (pbk.)


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

HG181 / .M558 2009