TAILIEUCHUNG - Lecture Money, banking, and financial markets: Chapter 16 - Stephen G. Cecchetti, Kermit L. Schoenholtz

The world’s leading central banks played a key role in bringing the financial system and the economy back to safe harbor after the peak of the financial crisis in 2008. They acted in unprecedented fashion to prevent the financial system from capsizing and, over time, to restore financial and economic stability. Chapter 16 provides knowledge of the structure of central banks: The federal reserve and the European central bank. | Chapter Sixteen 16- Introduction Between 1870 and 1907, the nation experienced 21 financial panics of varying severity. During the Panic of 1907, an astonishing two-thirds of banks founds themselves temporarily unable to redeem deposits. In the intervening centuries, Europeans had developed a system of central banks. American had not. 16- Introduction The prevailing philosophy of many 19th-century Americans was that centralized government of any form should be kept to a minimum. But punishing effects of frequent financial panics led people to reconsider the merits of a powerful central banks. In 1913, Congress passed the Federal Reserve Act. This created the . Federal Reserve System. 16- Introduction While central banking had stabilized European financial systems before 1900, the 20th century was another story. Europe experienced high inflation rates, low growth, high and volatile interest rates, and unstable exchange rates. After two world wars, .

• Ngân hàng - Tín dụng
• Financial markets
• Financial system
• Financial institutions
• Central banks
• Monetary policy
• Bond prices
• Lecture Financial markets
• Thị trường tài chính
• Financial futures markets
• Valuation of financial futures
• Interest rate futures
• Lecture Financial markets and institutions
• Financial institutions markets
• Capital markets
• Money markets
• Derivative securities markets
• Futures markets
• Option markets
• Swap markets
• Foreign exchange derivative markets
• Bank management
• Types of Financial Markets
• Securities traded
• Valuation of securities
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Foreign exchange
• Commercial banks
• Financial statements
• Risks at financial institutions
• Market risk
• Exchange rates
• Economics 252
• Efficient markets
• Excess volatility
• Efficient Markets Hypothesis
• Interest rate derivative markets
• Interest rate swaps
• Mortgage backed securities
• Globalization of mortgage markets
• Financial markets and institutions
• The financial system
• Interest rates change
• Financial markets efficient
• Term structure affect interest rates
• The stock market
• The mortgage markets
• The international financial system
• Financial regulation
• Interest rate fundamentals
• Interest rates
• Security valuation