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Informationen zum Autor Laurence Ball Klappentext 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 the problems of the stock market and the causes of recessions and banking crises Zusammenfassung 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 the problems of the stock market and the causes of recessions and banking crises Inhaltsverzeichnis PART I FOUNDATIONS1 The Financial System 2 Money and Central BanksPART II FINANCIAL MARKETS3 Asset Prices and Interest Rates 4 What Determines Interest Rates? 5 Securities Markets 6 Foreign Exchange Markets PART III BANKING7 Asymmetric Information in the Financial System 8 The Banking Industry 9 The Business of Banking 10 Bank Regulation PART IV MONEY AND THE ECONOMY11 The Money Supply and Interest Rates 12 Short-Run Economic Fluctuations 13 Economic Fluctuations, Monetary Policy, and the Financial System 14 Inflation and Deflation PART V MONETARY POLICY15 Policies for Economic Stability16 Monetary Institutions and Strategies 17 Monetary Policy and Exchange Rates18 Financial Crises
