Financial Markets, Banking, and Monetary Policy

Name: Financial Markets, Banking, and Monetary Policy
Availability: InStock
ISBN: 9781118872239

ISBN-10: 1118872231

ISBN-13: 9781118872239

Edition: 2014

Authors: Simon D. Simpson

List price: $95.00

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Description:

The current financial model has focused on money as a unique asset that is produced exclusively by commercial banks, and regulated by central banks to achieve their macroeconomic goals. However, as financial systems have evolved in the United States and elsewhere around the globe, what constitutes money has become blurred and such monetary aggregates have become highly unreliable and discarded guides to policy. As a result, central banks have had to turn to a very different approach for achieving macroeconomic goals. This approach instead focuses on influencing the prices of a broad spectrum of financial assets, and thereby the spending behavior of businesses and consumers. They do so by…

Book details

List price: $95.00
Copyright year: 2014
Publisher: John Wiley & Sons, Incorporated
Publication date: 8/4/2014
Binding: Hardcover
Pages: 384
Size: 7.50" wide x 10.50" long x 1.50" tall
Weight: 2.134
Language: English