Financial Markets and Instituitions / Frederic S. Mishkin and Stanly G. Eakins

Content includes

PART ONE INTRODUCTION
1 Why study financial markets and institutions?
2 Overview of the financial system

PART TWO FUNDAMENTALS OF FINANCIAL MARKETS
3 What do interest rates mean and what is their role in valuation?
4 Why do interest rate change?
5 How do risk and term structure affect interest rates?
6 Are financial markets efficient

PART THREE CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY
7 Structure of central banks and the federal reserve system
8 Conduct of monetary policy: tools, goals, strategy, and tactics

PART FOUR FINANCIAL MARKETS
9 The money markets
10 The bond market
11 The stock market
12 The mortgage markets
13 The foreign exchange market
14 The international financial market

PART FIVE FUNDAMENTALS OF FINANCIAL INSTITUTIONS
15 Why do financial institutions exist?
16 What should be done about conflicts of interest? A central issue in business ethics

PART SIX THE FINANCIAL INSTITUTIONS INDUSTRY
17 Banking and the management of financial institutions
18 Commercial banking industry: structure and competition
19 Savings associations and credit unions
20 Banking regulation
21 The mutual fund industry
22 Insurance companies and pension funds
23 Investment banks, security brokers and dealers, and venture capital firms

PART SEVEN THE MANAGEMENT OF FINANCIAL INSTITUTIONS
24 Risk management in financial institutions
25 Hedging with financial derivatives
26 Financial companies

Includes index