rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Financial markets, banking, and monetary policy
  name:
    name part: Simpson, Thomas D.
    name part: 1942-
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: nju
    date issued: 2014
    copyright date: 2014
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: xviii, 366 pages : illustrations ; 26 cm.
  abstract: 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.
  note: Thomas D. Simpson.
  note: Includes bibliographical references and index.
  subject:
    topic: Capital market
  subject:
    topic: Banks and banking
  subject:
    topic: Monetary policy
  subject:
    topic: Finance
  subject:
    topic: BUSINESS & ECONOMICS / Finance
  classification: HG4523 .S568 2014
  classification: 332
  related item:
    title info:
      title: Wiley finance series
  identifier: 9781118872239 (hardback)
  identifier: 1118872231 (hardback)
  identifier: 9781118872468 (ePDF)
  identifier: 9781118872055 (ePub)
  identifier: 2014012264
  record info:
    record content source: DLC
    record creation date: 140505
    record change date: 20151206104142.0
    record identifier: in00003483826