Introducing money and the financial system -- Money and the payments system -- Interest rates and rates of return -- Determining interest rates -- The risk structure and term structure of interest rates -- The stock market, information, and financial market efficiency -- Derivat…
Monetary economics
by Blume, Lawrence, Durlauf, Steven N.
fromNew Palgrave economics collection
Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
The Evolution of Money illuminates money's elastic nature, focusing on the tension between currency's real and abstract properties and advancing a vital theory of money. From ancient Mesopotamia to the digital era, The Evolution of Money helps us visualize and strategize money's…
"The Economics of Money, Banking, and Financial Markets set the standard for money and banking courses when it published in its first edition, and it continues to be the worldwide market leader. By applying a unified analytical framework to the models, Mishkin makes theory intui…