Money, Banking, and the Financial System

By Glenn P. Hubbard, Anthony P. O'Brien

Published by Prentice Hall

Published Date: Dec 27, 2010


Hubbard/O'Brien's new text presents Money, Banking, and the Financial System in the context of contemporary events, policy, and business with an integrated explanation of  today’s financial crisis.  Reviewers tell us that Hubbard/O'Brien helps make the link between theory and real-world easier for students!

Table of Contents

Brief Contents


Part 1: Foundations

Chapter 1 Introducing Money and the Financial System 1

Chapter 2 Money and the Payments System 25


Part 2: Financial Markets

Chapter 3 Interest Rates and Rates of Return 51

Chapter 4 Determining Interest Rates 87

Chapter 5 The Risk Structure and Term Structure

of Interest Rates 123

Chapter 6 The Stock Market, Information, and

Financial Market Efficiency 156

Chapter 7 Derivatives and Derivative Markets 189


Part 3: Financial Institutions

Chapter 8 The Market for Foreign Exchange 224

Chapter 9 Transactions Costs, Asymmetric Information,

and the Structure of the Financial System 252

Chapter 10 The Economics of Banking 279

Chapter 11 Investment Banks, Mutual Funds, Hedge

Funds, and the Shadow Banking System 314

Chapter 12 Financial Crises and Financial Regulation 347


Part 4: Monetary Policy

Chapter 13 The Federal Reserve and Central Banking 384

Chapter 14 The Federal Reserve’s Balance Sheet

and the Money Supply Process 411

Chapter 15 Monetary Policy 442

Chapter 16 The International Financial System

and Monetary Policy 481


Part 5: The Financial System and the Macroeconomy

Chapter 17 Monetary Theory I: The Aggregate Demand

and Aggregate Supply Model 514

Chapter 18 Monetary Theory II: The IS—MP Model 546

Purchase Info

ISBN-10: 0-13-255345-7

ISBN-13: 978-0-13-255345-2

Format: Alternate Binding

This title is currently unavailable on myPearsonStore.
We recommend Money, Banking, and the Financial System, 2nd Edition as a replacement.

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