ISE Money, Banking and Financial Markets by Cecchetti, Stephen

Stephen Cecchetti is currently Professor of International Economics and Finance at the International Business School, Brandeis University, and Director of Research at the Rosenberg Institute for Global Finance. He is also a Research Associate of the National Bureau of Economic Research, an organization of distinguished academic economists who specialize in policy-oriented empirical studies of national and world economies, and a consultant to central banks around the world. He is currently serving as a consultant to the European Central Bank's Inflation Persistence Project. Prior to joining the faculty at Brandeis, he was Professor of Economics at Ohio State University. From August 1997 to September 1999, he was Executive Vice President and Director of Research at the Federal Reserve Bank of New York, as well as Associate Economist of the Federal Open Market Committee. Professor Cecchetti received a S.B. in Economics from M.I.T. in 1977, and a Ph.D. in Economics from the University of California at Berkeley in 1982.

Part I Money and the Financial System
chapter 1 An Introduction to Money and the Financial System
chapter 2 Money and the Payments System
chapter 3 Financial Instruments, Financial Markets, and Financial Institutions
Part II Interest Rates, Financial Instruments, and Financial Markets
chapter 4 Future Value, Present Value, and Interest Rates
chapter 5 Understanding Risk
chapter 6 Bonds, Bond Prices, and the Determination of Interest Rates
chapter 7 The Risk and Term Structure of Interest Rates
chapter 8 Stocks, Stock Markets, and Market Efficiency
chapter 9 Derivatives: Futures, Options, and Swaps
chapter 10 Foreign Exchange
Part III Financial Institutions
chapter 1 1 The Economics of Financial Intermediation
chapter 1 2 Depository Institutions: Banks and Bank Management
chapter 1 3 Financial Industry Structure
chapter 14 Regulating the Financial System
Part IV Central Banks, Monetary Policy, and Financial Stability
chapter 15 Central Banks in the World Today
chapter 16 The Structure of Central Banks: The Federal Reserve and the European Central Bank
chapter 17 The Central Bank Balance Sheet and the Money Supply Process
chapter 18 Monetary Policy: Stabilizing the Domestic Economy
chapter 19 Exchange Rate Policy and the Central Bank
Part V Modern Monetary Economics
chapter 20 Money Growth, Money Demand, and Modern Monetary Policy
chapter 21 Output, Inflation, and Monetary Policy
chapter 22 Understanding Business Cycle Fluctuations
chapter 23 Modern Monetary Policy and the Challenges Facing Central Bankers