Money, Banking, and Financial Markets, 5/e

Stephen G. Cecchetti, Brandeis International University
Kermit L. Schoenholtz, Stern School of Business, New York University

ISBN-13: 978-1259746741
Copyright year: 2017

Table of Contents

Part I: Money and the Financial System

  • Chapter 1: An Introduction to Money and the Financial System

  • Chapter 2: Money and the Payments System

  • Chapter 3: Financial Instruments, Financial Markets, and Financial Institutions

Part II: Interest Rates, Financial Instruments, and Financial Markets

  • Chapter 4: Future Value, Present Value, and Interest Rates

  • Chapter 5: Understanding Risk

  • Chapter 6: Bonds, Bond Prices, and the Determination of Interest Rates

  • Chapter 7: The Risk and Term Structure of Interest Rates

  • Chapter 8: Stocks, Stock Markets, and Market Efficiency

  • Chapter 9: Derivatives: Futures, Options, and Swaps

  • Chapter 10: Foreign Exchange

Part III: Financial Institutions

  • Chapter 11: The Economics of Financial Intermediation

  • Chapter 12: Depository Institutions: Banks and Bank Management

  • Chapter 13: Financial Industry Structure

  • Chapter 14: Regulating the Financial System

Part IV: Central Banks, Monetary Policy, and Financial Stability

  • Chapter 15: Central Banks in the World Today

  • Chapter 16: The Structure of Central Banks: The Federal Reserve and the European Central Bank

  • Chapter 17: The Central Bank Balance Sheet and the Money Supply Process

  • Chapter 18: Monetary Policy: Stabilizing the Domestic Economy

  • Chapter 19: Exchange-Rate Policy and the Central Bank

Part V: Modern Monetary Economics

  • Chapter 20: Money Growth, Money Demand, and Modern Monetary Policy

  • Chapter 21: Output, Inflation, and Monetary Policy

  • Chapter 22: Understanding Business Cycle Fluctuations

  • Chapter 23: Modern Monetary Policy and the Challenges Facing Central Bankers