Money and Capital Markets

Part One -- The Global Financial System in Perspective 1 -- Functions and Roles of the Financial System in the Global Economy 2 -- Financial Assets, Money, Financial Transactions, and Financial Institutions 3 -- The Financial Information Marketplace 4 -- The Future of the Financial System and the Money and Capital Markets Part Two -- Interest Rates and the Prices of Financial Assets 5 -- The Determinants of Interest Rates: Competing Ideas 6 -- Measuring and Calculating Interest Rates and Financial Asset Prices 7 -- Inflation and Deflation, Yield Curves, and Duration: Impact on Interest Rates and Asset Prices 8 -- The Risk Structure of Interest Rates: Defaults, Prepayments, Taxes, and Other Rate-Determining factors 9 -- Interest-Rate Forecasting and Hedging: Swaps, Financial Futures, and Options Part Three -- The Money Market and Central Banking 10 -- Introduction to the Money Market and the Roles Played by Governments and Security Dealers 11 -- Commercial Banks, Major Corporations, and Federal Credit Agencies in the Money Market 12 -- Roles and Services of the Federal Reserve and Other Central Banks Around the World 13 -- The Tools and Goals of Central Bank Monetary Policy Part Four -- Financial Institutions: Organization, Activities, and Regulation 14 -- The Commercial Banking Industry: Structure, Products, and Management 15 -- Nonbank Thrift Institutions: Savings and Loans, Savings Banks, Credit Unions, and Money Market Funds 16 -- Mutual Funds, Insurance Companies, Investment Banks, and Other Financial Firms 17 -- Regulation of the Financial Institutions' Sector Part Five -- Governments and Businesses in the Financial Marketplace 18 -- Federal, State, and Local Governments Operating in the Financial Markets 19 -- Business Borrowing: Corporate Bonds, Asset-Backed Securities, Bank Loans, and Other Forms of Business Debt 20 -- The Market for Corporate Stock Part Six -- Households in the Financial Marketplace 21 -- Consumer Lending and Borrowing 22 -- The Residential Mortgage Market Part Seven- The International Financial System 23 -- International Transactions and Currency Values 24 -- International Banking Money and Capital Markets Dictionary Index