num_pages: 256
description: Check out preview content for Money, Banking, and Financial Markets here .Monetary policy has changed. Has your textbook? Ballâ€s Money, Banking, and Financial Markets closes the gap between economic theory and the day-to-day behavior of banks and financial markets. Working from a macro framework based on the Fedâ€s use of the interest rate as its major policy instrument, Ball presents the core concepts necessary to understand the problems affecting the stock market and the causes of recessions and banking crises. Underlying this framework are the intellectual foundations for the Fedâ€s inflation targeting using the dynamic consistency problem facing policymakers. Ball doesnâ€t explain how the Fed and financial markets should work; he explains how they do work on a daily basis.
language: English
title: Study Guide for Money, Banking, and Financial Markets
titlecomplete: Study Guide for Money, Banking, and Financial Markets
ratings_count: 2
publisher: Worth Publishers