ABSTRACT
Attempts to assess whether the United States is in economic decline. Appropriate to general readers as well as economics students and scholars, this book examines the fears of Americans about their economic future.
TABLE OF CONTENTS
part |87 pages
Introduction
chapter |19 pages
Introduction and Overview
chapter |21 pages
Money and Its Role in the Economy
chapter |21 pages
The Overseer: The Federal Reserve System
chapter |21 pages
Financial Markets, Instruments, and Market Makers
part |68 pages
Financial Prices
chapter |21 pages
Interest Rates and Bond Prices
chapter |23 pages
The Structure of Interest Rates
chapter |20 pages
Market Efficiency and the Flow of Funds Among Sectors
part |124 pages
Financial Institutions
chapter |21 pages
An Introduction to Financial Intermediaries and Risk
chapter |24 pages
Commercial Banking Structure, Regulation, and Performance
chapter |23 pages
Financial Innovation
chapter |23 pages
Financial Instability and Strains on the Financial System
chapter |28 pages
Regulation of the Banking System and the Financial Services Industry
part |172 pages
Financial Markets
chapter |31 pages
The Debt Markets
chapter |30 pages
The Stock Market
chapter |27 pages
Securities Firms, Mutual Funds, and Financial Conglomerates
chapter |27 pages
How Exchange Rates Are Determined
chapter |27 pages
Forward, Futures, and Options Agreements
chapter |22 pages
The International Financial System
part |105 pages
Monetary Theory
chapter |27 pages
The Fed, Depository Institutions, and the Money Supply Process
chapter |27 pages
The Demand for Real Money Balances and Market Equilibrium
chapter |21 pages
Aggregate Demand and Aggregate Supply
part |93 pages
Monetary Policy
