Financial markets and institutions / Frederic S. Mishkin, Stanley G. Eakins.
Material type:
TextSeries: Prentice Hall finance seriesPublication details: Boston : Pearson Prentice Hall, c2009.Edition: 6th edDescription: xxxix, 675, [35] p. : ill. (some col.), maps ; 27 cmISBN: - 0321374215 (alk. paper)
- 0321552113 (pbk.)
- 9780321374219 (alk. paper)
- 9780321552112 (pbk.)
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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 mortage 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.