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

Contents

Part I. Introduction
1. Why study money, banking and financial markets
2. An overview of the financial systems
3. What is money

Part II. Financial markets
4. Understanding Interest rates
5. Portfolio Choice: The Theory of Assets Demand
6. The Behavior of Interest rates
7. The Risk and Term Structure of Interest rates
8. The Foreign exchange market

Part III. Financial Institutions
9. An Economic Analysis of Financial Structure
10. Financial Innovation
11. The Banking Firm and Bank management
12. The Banking Industry: An industry in Transition
13. The crisis in banking regulation
14. Non Banking Financial institutions

Part IV. The Money Supply Process
15. Multiple Deposits creation: Introducing the money Supply process
16. Determinants of money Supply
17. Explaining Depositor and Bank Behavior: The Complete money supply model

Part V. The Federal Reserve System and the conduct of monetary policy
18. Structure of the Federal Reserve System
19. Understanding movements in the monetary base
20. The Tools of monetary Policy
21. The Conduct of monetary policy: Goals and targets
22. The International Financial System and monetary policy

Part VI. Money Theory
23. The Demand for money
24. The Keynesian Framework and the ISLM model
25. Monetary and Fiscal policy in the ISLM model
26. Aggregate Demand and Supply Analysis
27. Money and Economic Activity: The Empirical evidence
28. Money and Inflation
29. The Theory of Rational Expectations and Efficient Capital Markets
30. Rational Expectations: Implications for policy

Includes bibliographical references and index.