Financial Markets and Institutions, 5e offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Special emphasis is put on new areas of operations in financial markets and institutions such as asset securitization, off-balance-sheet activities, and globalization of financial services.
Financial Institutions and Markets
Banks, Non-Bank Financial Institutions & Central Banks; Money, Capital, Currency & Derivative Markets; Monetary Theory & Policy; European Monetary Union (EMU).
"In this second edition, Meir Kohn addresses the structure of financial institutions and markets and investigates why and how existing markets are evolving. The book emphasizes a functional focus on financial intermediaries and markets such as government securities, mortgage, corporate debt, equity markets, derivatives, and market microstructure. Chapters cover liquidity and risk, regulation, and developing financial systems."--Journal of Macroeconomics