Ise Money, Banking And Financial Markets Av Stephen Cecchetti, Kermit Schoenholtz

The breakthrough text that closes the gap between economic theory and the day-to-day behaviour of banks and financial markets. Working from a macro framework based on the Fed's use of interest rate, Ball presents the core concepts necessary to understand...

This innovative text offers an introduction to money, banking, and financial markets, with a special emphasis on the importance of confidence and trust in the macroeconomic system. It also presents the theory of endogenous money creation, in contrast...

One of the most salient features of the 2007-9 global financial crisis was the role played by global banking and multinational banks in transmitting international financial shocks and maintaining credit stability in domestic and international financial...