You've come to trust the Mishkin textbook for authoritative, applications-rich analysis of key concepts, models, and issues in money and banking. Carrying...
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Résumé
You've come to trust the Mishkin textbook for authoritative, applications-rich analysis of key concepts, models, and issues in money and banking. Carrying on the tradition, this thoroughly revised and updated Sixth Edition provides: An all-new Chapter 20 on the strategies for monetary policy used by central banks around the world; Extensive treatment of the East Asian financial crisis and the role of the IMF in crisis prevention efforts; Lively analysis of whether the euro will benefit Europe and how it has performed in currency markets to date; Examination of the structure and independence of the European Central Bank; Probing discussion of hedge funds and the near failure of Long-Term Capital Management; In-depth of the Financial Services Modernization Act of 1999 and its impact.
Sommaire
Introduction
Financial markets
Financial institutions
Central banking and the conduct of monetary policy