Money, Banking and Financial Markets by Laurence Ball - Second Edition, 2012 from Macmillan Student Store

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Money, Banking and Financial Markets

Second  Edition©2012 Laurence Ball

About

Working from a macro framework based on the Fed's use of interest rate as its major policy instrument, Ball presents the core concepts necessary to understand the problems affecting the stock market, and the causes of recessions and banking crises.  Underlying this framework are the intellectual foundations for the Fed's inflation targeting using the dynamic consistency problem facing policymakers. 
 
 

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Table of Contents

PART I FOUNDATIONS
1 The Financial System
2 Money and Central Banks

PART II FINANCIAL MARKETS
3 Asset Prices and Interest Rates
4 What Determines Interest Rates?
5 Securities Markets
6 Foreign Exchange Markets

PART III BANKING
7 Asymmetric Information in the Financial System
8 The Banking Industry
9 The Business of Banking
10 Bank Regulation

PART IV MONEY AND THE ECONOMY
11 The Money Supply and Interest Rates
12 Short-Run Economic Fluctuations
13 Economic Fluctuations, Monetary Policy, and the Financial System
14 Inflation and Deflation
 
PART V  MONETARY POLICY
15 Policies for Economic Stability
16  Monetary Institutions and Strategies
17 Monetary Policy and Exchange Rates
18  Financial Crises

Laurence Ball

Laurence Ball is Professor of Economics at Johns Hopkins University. He is a research associate for the National Bureau of Economic Research and has been a visiting scholar at the Central Bank of Norway and the Reserve Bank of Australia. His academic honors include the Houblon-Norman Fellowship (Bank of England), a Professional Fellowship in Monetary Economics (Victoria University of Wellington and Reserve Bank of New Zealand), the NBER Olin Fellowship, and the Alfred P. Sloan Research Fellowship.