Financial Markets, Banking and Monetary Policy

illustrates the various ways in which the financial system contributes to our well‐being—that is, how it creates economic value. Readers are presented with the different types of financial markets, financial institutions, and the respective roles that they play.

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Financial markets, banks, and monetary policy all touch our lives in numerous ways. Financial Markets, Banking and Monetary Policy illustrates the various ways in which the financial system contributes to our well‐being—that is, how it creates economic value. Readers are presented with the different types of financial markets, financial institutions, and the respective roles that they play. Also, the publication discusses the major financial institutions—commercial banks and other depository institutions, mutual funds, hedge funds and other alternative investments, and pension funds and life insurance companies.