Financial Institutions, Markets, and Money, 9th Edition

by David S. Kidwell (Univ. of Minnesota); David W. Blackwell (Texas A&M University); David A. Whidbee (Washington State Univ.); Richard L. Peterson (Texas Tech Univ.)

• ISBN13: 9780471697572
• ISBN10: 0471697575
• Edition: 9th
• Format: Hardcover
• Copyright: 2005-03-01
• Publisher: WILEY

Summary

Ever wonder how interest rates are determined? Would you like to know how to read actual financial data? Want to know what makes the financial sector really tick? You'll find answers to these questions and more in Kidwell, Blackwell, Whidbee, and Peterson's Ninth Edition of Financial Institutions, Markets, and Money. Featuring a strong emphasis on fundamental concepts and how things really work in a market context, these four expert authors present a balanced, up-to-date overview of the U.S. financial system and its primary institutions and markets, coupled with an introduction to international markets. Examine the financial system from a real-world perspective. Now revised and updated, this Ninth Edition reflects recent events and trends in the financial system. The new edition includes even more real-world, hands-on examples, as well as new "In Practice" boxes, which describe important issues and trends in business practice. You'll also learn how to read and interpret actual financial data. Take a balanced look at institutions and markets. The authors present balanced coverage of the U.S. financial system with strong emphasis on both institutions and markets. Throughout, they take a free-market approach to the analysis of economic, market, and regulatory issues. Understand how the material relates to your life and career. Financial Institutions, Markets, and Money, Ninth Edition is written specifically for students. The authors have a knack for explaining difficult concepts in an intuitive manner, without watering the material down. In addition, there are a number of examples related to the types of finance transactions that young professionals face, such as buying and financing a home or determining the rate of return on an investment.

Table of Contents

PART I: THE FINANCIAL SYSTEM.

1. Overview of Financial Institutions and Markets.

2. The Federal Reserve and Its Powers.

3. The Fed and Interest Rates.

PART II: HOW INTEREST RATES ARE DETERMINED.

4. The Level of Interest Rates.

5. Bond Prices and  Interest Rate Risk.

6. The Structure of Interest Rates.

PART III: FINANCIAL MARKETS.

7. Money Markets.

8. Bond Markets.

9. Mortgage Markets.

10. Equity Markets.

11. Derivatives Markets.

12. International Markets.

PART IV: COMMERCIAL BANKING.

13. Commercial Bank Operations.

14. Bank management and Profitability.

15. International Banking and Lending.

16. Regulation of Financial Institutions.

PART V: FINANCIAL INSTITUTIONS.

17. Thrift Institutions and Financial Companies.

18. Insurance Companies and Pension Funds.

19. Investment Banking and Venture Capital.

20. Investment Companies and Hedge Funds.

Glossary.

Credits and Acknowledgments.

Index.