000 02604cam a2200433 i 4500
001 18139973
003 BD-DhUL
005 20160515180251.0
008 140505s2014 nju 001 0 eng
010 _a 2014012264
020 _a9781118872239 (hardback)
020 _z9781118872468 (ePDF)
020 _z9781118872055 (ePub)
040 _aDLC
_beng
_cDLC
_erda
_eBD-DhUL
042 _apcc
050 0 0 _aHG4523
_b.S568 2014
082 0 0 _a332
_223
_bSIF
084 _aBUS027000
_2bisacsh
100 1 _aSimpson, Thomas D.
_d1942-
245 1 0 _aFinancial markets, banking, and monetary policy /
_cThomas D. Simpson.
264 1 _aHoboken, New Jersey :
_bWiley,
_c2014.
300 _axviii, 366 p. :
_bill. ;
_c26 cm.
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
365 _aUS$
_b117.26
490 0 _aWiley finance series
500 _aIncludes index.
520 _a"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 relying on their control over the short-term policy interest rate and its influence on the core element of all asset prices through the term structure of interest rates. This book will create a better understanding of that monetary policy so both students and professionals can get a solid understanding of this term structure relationship and how it works throughout the financial system. "--
_cProvided by publisher.
650 0 _aCapital market.
650 0 _aBanks and banking.
650 0 _aMonetary policy.
650 0 _aFinance.
650 7 _aBUSINESS & ECONOMICS / Finance.
_2bisacsh
776 0 8 _iOnline version:
_aSimpson, Thomas D., 1942-
_tFinancial markets, banking, and monetary policy
_dHoboken, New Jersey : John Wiley & Sons, Inc., 2014
_z9781118872468
_w(DLC) 2014021382
856 4 2 _3Cover image
_uhttp://catalogimages.wiley.com/images/db/jimages/9781118872239.jpg
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_cBK
999 _c65324
_d65324