TAILIEUCHUNG - Lecture Money, banking, and financial markets (3/e): Chapter 11 - Stephen G. Cecchetti, Kermit L. Schoenholtz

Chapter 11 - The economics of financial intermediation. In this chapter, students will be able to understand: Financial institutions serve as intermediaries between savers and borrowers, so their assets and liabilities are primarily financial instruments, these institutions pool funds from people and firms who save and lend them to people and firms who need to borrow, intermediaries investigate the financial condition of the individuals and firms who want financing to figure out which have the best investment opportunities. | Chapter Eleven 11- Introduction In Part III we will be focusing on financial institutions and government regulatory agencies. In this chapter we will examine financial institutions’ purpose -- financial intermediation. 11- Introduction Financial institutions serve as intermediaries between savers and borrowers, so their assets and liabilities are primarily financial instruments. These institutions pool funds from people and firms who save and lend them to people and firms who need to borrow. This transforms assets and provides access to financial markets. 11- Introduction Intermediaries investigate the financial condition of the individuals and firms who want financing to figure out which have the best investment opportunities. Intermediaries increase investment and economic growth at the same time that they reduce investment risk and economic volatility. 11- Introduction Without a stable, smoothly functioning financial system, no country can prosper. .

• Ngân hàng - Tín dụng
• Financial markets
• Financial system
• Financial institutions
• Central banks
• Monetary policy
• Financial intermediation
• 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