Financial Institutions and Markets
Price: 650.00 INR
ISBN:
9780198098676
Publication date:
05/11/2013
Paperback
704 pages
240.0x185.0mm
Price: 650.00 INR
ISBN:
9780198098676
Publication date:
05/11/2013
Paperback
704 pages
240.0x185.0mm
Why do financial institutions and markets have the structure they do? Why is that structure changing? These questions are central to the scope and purpose of Meir G. Kohn's Financial Institutions and Markets, 2-e. Unlike most books designed for financial markets and institutions courses, this successful text focuses on the "why" of existing and evolving markets and instruments as well as the "how."
Suitable for: Post-Graduate Text
Rights: For Sale in (Nepal, Bangladesh, Sri Lanka, Myanmar, Pakistan, )
Description
Why do financial institutions and markets have the structure they do? Why is that structure changing? These questions are central to the scope and purpose of Meir G. Kohn's Financial Institutions and Markets, 2-e. Unlike most books designed for financial markets and institutions courses, this successful text focuses on the "why" of existing and evolving markets and instruments as well as the "how." Financial Institutions and Markets, 2-e, makes clear the general principles and economic functions underlying all financial intermediaries. It provides a thorough discussion of the specifics of banking, insurance, pension funds, and mutual funds. In a similar fashion, the book elucidates the general principles and economic functions common to all financial markets and offers an in-depth look at the specifics of the particular markets for government securities, mortgages, corporate debt, equity, and derivatives. The final section addresses the management of liquidity and risk and discusses the safety, stability, and regulation of financial intermediaries and financial markets. Each chapter begins with a list of study objectives and concludes with a summary. Key terms are listed at the end of each chapter and defined in marginal glossaries as they occur in the text. End-of-chapter questions are included to provide a stimulus for discussion. Accessible to a wide range of students, Financial Institutions and Markets, 2-e, is ideal for courses in financial institutions, financial markets, or a combination of institutions and markets at either the undergraduate or graduate level.
Table of contents
PART I. PRINCIPLES
Chapter 1. Lending, Payments, and Trade in Risk
Chapter 2. The financial System and Its Technology
Chapter 3. Efficiency, Stability, and Government Intervention
Chapter 4. Interest Rates, Exchange Rates, and Security Prices
PART II. FINANCIAL INTERMEDIARIES
Chapter 5. Understanding Financial Intermediaries
Chapter 6. What Is a Bank?
Chapter 7. The Banking Industry
Chapter 8. Payments and Foreign Exchange
Chapter 9. Insurance
Chapter 10. Pension Plans and Mutual Funds
PART III. FINANCIAL MARKETS
Chapter 11. Understanding Financial Markets
Chapter 12. The Market for Government Securities
Chapter 13. The Mortgage Market
Chapter 14. Debt Markets
Chapter 15. The Equity Market
Chapter 16. The Derivatives Market: Futures, Options, and Swaps
Chapter 17. The Organization of Financial Markets
PART IV. REGULATION AND STABILITY
Chapter 18. Managing Liquidity and Risk
Chapter 19. Bank Safety and Regulation
Chapter 20. Security Market Regulation and stability
Description
Why do financial institutions and markets have the structure they do? Why is that structure changing? These questions are central to the scope and purpose of Meir G. Kohn's Financial Institutions and Markets, 2-e. Unlike most books designed for financial markets and institutions courses, this successful text focuses on the "why" of existing and evolving markets and instruments as well as the "how." Financial Institutions and Markets, 2-e, makes clear the general principles and economic functions underlying all financial intermediaries. It provides a thorough discussion of the specifics of banking, insurance, pension funds, and mutual funds. In a similar fashion, the book elucidates the general principles and economic functions common to all financial markets and offers an in-depth look at the specifics of the particular markets for government securities, mortgages, corporate debt, equity, and derivatives. The final section addresses the management of liquidity and risk and discusses the safety, stability, and regulation of financial intermediaries and financial markets. Each chapter begins with a list of study objectives and concludes with a summary. Key terms are listed at the end of each chapter and defined in marginal glossaries as they occur in the text. End-of-chapter questions are included to provide a stimulus for discussion. Accessible to a wide range of students, Financial Institutions and Markets, 2-e, is ideal for courses in financial institutions, financial markets, or a combination of institutions and markets at either the undergraduate or graduate level.
Read MoreTable of contents
PART I. PRINCIPLES
Chapter 1. Lending, Payments, and Trade in Risk
Chapter 2. The financial System and Its Technology
Chapter 3. Efficiency, Stability, and Government Intervention
Chapter 4. Interest Rates, Exchange Rates, and Security Prices
PART II. FINANCIAL INTERMEDIARIES
Chapter 5. Understanding Financial Intermediaries
Chapter 6. What Is a Bank?
Chapter 7. The Banking Industry
Chapter 8. Payments and Foreign Exchange
Chapter 9. Insurance
Chapter 10. Pension Plans and Mutual Funds
PART III. FINANCIAL MARKETS
Chapter 11. Understanding Financial Markets
Chapter 12. The Market for Government Securities
Chapter 13. The Mortgage Market
Chapter 14. Debt Markets
Chapter 15. The Equity Market
Chapter 16. The Derivatives Market: Futures, Options, and Swaps
Chapter 17. The Organization of Financial Markets
PART IV. REGULATION AND STABILITY
Chapter 18. Managing Liquidity and Risk
Chapter 19. Bank Safety and Regulation
Chapter 20. Security Market Regulation and stability