TAILIEUCHUNG - Lecture Money, banking, and financial markets: Chapter 17- Stephen G. Cecchetti, Kermit L. Schoenholtz

Chapter 17 - The central bank balance sheet and the money supply process. In this chapter, we need to understand how the central bank interacts with the financial system. What is it that central banks buy and sell? What are the assets and liabilities on their balance sheets? How do they control those assets and liabilities, and why might they want to hide them from the public?. | Chapter Seventeen 17- Introduction During the September 11, 2001 crisis, the financial community was on the edge of a systemwide collapse. Because of the immediate action of the Fed officials, the financial system held together, and most of us never realized how close we came to catastrophe. This was one of the greatest successes of modern central banking. 17- Introduction The financial system, one of the terrorists’ primary targets, returned to near normal within weeks. Many of the Fed’s actions in the crisis of 2007-2009 were unprecedented or had not been seen since the 1930s. For the first time since the Great Depression, the Fed lent to nonbanks and even to nonfinancial companies. 17- Introduction During the Great Depression, Fed officials didn’t fully understand how their actions affected the supply of credit in the economy. The financial system collapsed because Fed officials had failed to provide the liquidity that sound banks needed to stay in business.

• 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