Modern money and banking

Abstract

Part 1: Introduction: evolution and change in money and banking money and its functions money - present and future. Part 2: Financial instruments and markets, and institutions: consumption and savings over time financial instruments and markets depository financial institutions interest rates. Part 3: Depository institutions and their environments: the economic behaviour of depository institutions practical management of depository institutions regulation of depository institutions consequences of regulation and deregulation the successes and failures of deposit insurance the thrift crisis. Part 4: Central banking, monetary policy and the federal reserve: depository institutions and the money supply process the federal reserve system the payments system and the role of the Fed the Feds instruments of monetary policy. Part 5: Monetary theory: the classical foundations of monetary theory macroeconomic nuts and bolts money in the traditional macroeconomic systems basic Keynesian theories of money, prices, and real output rational expectations and modern monetary theory recent developments in monetary policy. Part 6: Monetary stabilization policy: ultimate objectives of monetary policy intermediate target of monetary policy monetary policy operating procedures rules versus discretion in monetary policy. Part 7: International money and finance: markets for foreign exchange the international financial and monetary system promises and pitfalls of international policy coordination.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 73 citations exist upstream.