Money, Banking and Financial Markets, 2nd Edition

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.

Table of Contents

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

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

PART III: FINANCIAL MARKETS
Chapter 7: Asymmetric Information in the Financial System
Chapter 8: The Banking Industry
Chapter 9: The Business of Banking
Chapter 10: Bank Regulation

PART IV: MONEY AND THE ECONOMY
Chapter 11: The Money Supplyand Interest Rates
Chapter 12: Short-Run Economic Fluctuations
Chapter 13: Economic Fluctuations, Monetary Policy, and the Financial System
Chapter 14: Inflation and Deflation

PART V: MONETARY POLICY
Chapter 15: Policies for Economic Stability
Chapter 16: Monetary Institutions and Strategies
Chapter 17: Monetary Policy and Exchange Rates
Chapter 18: Financial Crises