The financial instability and its spillover to the real sector have become a great challenge to macro-economic theory. The book takes a Keynesian theoretical perspective, representing an attempt to revive what Keynes stressed in his General Theory, namely the role of the financial market in macroeconomic outcomes. Although this book is inspired and motivated by the Asian currency and financial crises in the years 1997-8 and the experiences of the currently evolving U.S. financial disruptions, it also focuses on reviving a modeling tradition that provides a theoretical framework that throws light on recent financial market episodes and disturbances and their macroeconomic effects. It brings to the forefront, as Keynes has suggested, the role of financial market stability for growth and macroeconomics. It criticizes theories that see economic disruptions and shocks rooted solely in the real side of the economy. It stresses the financial real interaction as the major source for macroeconomic instability and disruptions. This important new book from a group of Keynesian, but nonetheless technically oriented economists would be of most interest to specialists and graduate students in macroeconomics and financial economics, especially those with an interest in US and European financial markets, emerging market analysis, and dynamic economic modeling.

Product Description: This report presents essays by distinguished economic experts E. Gerald Corrigan, Sir Callum McCarthy, and Naoki Tanaka. The authors shared their regional perspectives on the causes and effects of the current global economic crisis at the Trilateral Commission s 2010 plenary meeting in Dublin...read more

Product Description: Gain a clear understanding of why financial markets exist, how financial institutions serve these markets, and what services those institutions offer with the proven conceptual framework and clear presentation in this best-selling FINANCIAL MARKETS AND INSTITUTIONS, 10E...read more

Product Description: The financial crisis that stemmed from subprime mortgage lending in the US has ensnared markets around the world.  How is it that lending practices in Florida or California can wreak havoc in Asia or Europe?How the Global Financial Markets Really Work brings clarity and sense to an often complex international financial environment, showing how circumstances in one country can have a dramatic effect in many others...read more

Provides the reader with a picture of how and why financial markets function as they do. It includes key features such as: definitions of financial terms; worked examples of transactions and contracts; summaries and overviews; valuation techniques; quiz questions to reinforce the learning experience; and, strip cartoons to explain complex trades.

Product Description: Financial markets, processes, and instruments are often difficult to fathom; and recent turbulence suggests they may be out of control in some respects. Donald Mackenzie is one of the most perceptive analysts of the workings of the financial world...read more

Product Description: Anticipate the market's next move with the conceptual framework and timely insights found in Madura's FINANCIAL MARKETS AND INSTITUTIONS: ABRIDGED EDITION, 8E. Readers find the latest information on the status of today's financial markets as the book details how markets and the institutions that serve them operate...read more

Product Description: Equity indexes out-perform the majority of active fund management strategies. Not only will this book teach the reader to construct an optimal index, but it will also assist fund managers to know their enemy. Index construction is an important scientific process...read more

Product Description: The Most Widely Read Work on the Subject _ Completely Updated to Cover the Latest Developments and Advances In Today's Money Market! First published in 1978, Stigum's Money Market was hailed as a landmark work by leaders of the financial, business, and investment communities...read more

Product Description: Throughout this concise, accessible book, readers will quickly learn the fundamental concepts of managerial finance while discovering how things really work. The material is explained using an intuitive theoretical context, providing them with a richer understanding of the material and better insights into solving problems...read more

Product Description: Repo, from sale and repurchase agreement, is one for the oldest and widely used instruments in global capital markets. It is a vital ingredient in the smooth and efficient running of the financial markets, and is used by all market participants including central banks, commercial banks, fund managers and corporates...read more

An informative look at the world of short-term investing and borrowingThe Global Money Markets is the authoritative source on short-term investing and borrowing-from instruments in the U.S. and U.K., to asset-liability management. It also clearly demonstrates the various conventions used for money market calculations and discusses other short-term structured financial products such as asset-backed securities and mortgage-backed securities.Steven V. Mann (Columbia, SC) is Professor of Finance at the Moore School of Business, University of South Carolina. He has coauthored two previous books and numerous articles in the area of investments and works as a consultant to investment/commercial banks throughout the United States. Moorad Choudhry (Surrey, UK) is a Vice President of structured finance services with JPMorganChase in London. Prior to that he worked as a gilt-edged market maker and Treasury trader at ABN Amro Hoare Govett Sterling Bonds Limited, and as a sterling proprietary trader at Hambros Bank Limited. Moorad is a Senior Fellow at the Centre for Mathematical Trading and Finance, City University Business School.John Wiley & Sons, Inc. is proud to be the publisher of the esteemed Frank J. Fabozzi Series. Comprising nearly 100 titles-which include numerous bestsellers—The Frank J. Fabozzi Series is a key resource for finance professionals and academics, strategists and students, and investors. The series is overseen by its eponymous editor, whose expert instruction and presentation of new ideas have been at the forefront of financial publishing for over twenty years. His successful career has provided him with the knowledge, insight, and advice that has led to this comprehensive series.Frank J. Fabozzi, PhD, CFA, CPA, is Editor of the Journal of Portfolio Management, which is read by thousands of institutional investors, as well as editor or author of over 100 books on finance for the professional and academic markets. Currently, Dr. Fabozzi is an adjunct Professor of Finance at Yale University's School of Management and on the board of directors of the Guardian Life family of funds and the Black Rock complex of funds. (view table of contents)

Product Description: Praise for "The Money Market": "...splendid..." - "The Wall Street Journal." "The best current book on the working of the credit markets..." - "The New York Times." "...this book will be welcomed by all on Wall Street." - "Library Journal...read more

Product Description: Floating rates, central-bank intervention, derivatives trading and the very high volumes of speculative and round-the-clock trading are just a few of the facets of the foreign exchange marketplace that make it a highly dynamic and volatile arena...read more (view table of contents, read Amazon.com's description)

Product Description: Successful trading, speculating or simply making informed decisions about financial markets means it is essential to have a firm grasp of economics. Financial market behaviour revolves around economic concepts, however the majority of economic textbooks do not tell the full story...read more (view table of contents, read Amazon.com's description)

Product Description: Pricing Money provides a highly practical introduction to the principles of bonds and fixed income and is aimed at readers who have little prior knowledge.The book is written in a style that is not overly mathematical or theoretical but takes a practical approach focusing on the aspects of pricing and trading fixed-income securities that are most relevant to the day-to-day activities of people working in the markets...read more (view table of contents, read Amazon.com's description)

Product Description: This collection of Michael Brennan's writing spans 30 years and reflects the development and growing importance of the field of finance. The papers cover corporate finance, option pricing and derivative markets, interantional finance and the roel of information in financial markets...read more

Product Description: This comprehensive new book explains and clarifies the essential building blocks underlying the pricing and risk analysis of fixed-income securities and derivatives - using mathematics lightly, to make things easier, not harder. The emphasis throughout is on how-to-do, on building operational knowledge from the ground up...read more (view table of contents, read Amazon.com's description)

Product Description: Introduction: Canada in an Unstable Financial WorldBrian K. MacLean, Economics, Laurentian UniversityPart I: Putting Financial Market Turmoil in PerspectiveGlobalization and National Interests: The Adventure of

Product Description: The Reuters Financial Training Series An Introduction to Foreign Exchange & Money Markets A new concept in financial education training, An Introduction to Foreign Exchange & Money Market is guides novices through the intricacies of the world's wealthiest capital exchange markets...read more (view table of contents, read Amazon.com's description)

Product Description: Money and Capital Markets offers thorough coverage of financial institutuions and markets for upper level endergraduate and MBA students. Prerequisites for the text are an introductory finance course and basic knowledge of algebra...read more

Product Description: Financial Markets> provides a concise, yet comprehensive introduction to financial markets for undergraduate or MBA students studying finance or money and banking. The text employs an analytical approach to the role of financial markets in a modern economy, debt and equality markets, and derivatives markets and risk management...read more

Product Description: Despite being highly praised by F.A. Hayek, Marco Fanno's essay "Le Banche e il Mercato Monetario", published in 1913, has been largely ignored so far, even by Italian economists. The first English translation of this essay is published here together with an assessment of Fanno's contribution to economic theory and its relevance today...read more