金融市場:研究ハンドブック<br>Research Handbook of Financial Markets (Research Handbooks in Money and Finance series)

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金融市場:研究ハンドブック
Research Handbook of Financial Markets (Research Handbooks in Money and Finance series)

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  • 製本 Hardcover:ハードカバー版/ページ数 532 p.
  • 言語 ENG
  • 商品コード 9781800375314
  • DDC分類 332.0415

Full Description

The Research Handbook of Financial Markets carefully discusses the histories and current states of the most important financial markets and institutions, as well as explicitly underscoring open questions that need study. By describing the institutional structure of different markets and highlighting recent changes within them, it accurately highlights their evolving nature.

Taking the perspective that finance and macroeconomics are intertwined, this illuminating Research Handbook brings together prominent experts to investigate key market interactions. Chapters act as self-contained case studies of particular markets, allowing for a thorough individual examination of each. Ultimately, they offer a holistic understanding of financial markets and the current state of research.


Academics and researchers in economics and finance curious about developments within financial regulation and banking will find this comprehensive Handbook to be hugely valuable. Market participants will additionally find it to be a useful reference, along with regulators seeking to mitigate financial instability.

Contents

Contents:

Introduction to the Research Handbook of Financial Markets 1
Refet S. Gürkaynak and Jonathan H. Wright

PART I CENTRAL BANKING
1 The Federal Reserve balance sheet 6
Kristopher Dawsey, William B. English and Brian Sack
2 The balance sheet of the Eurosystem 33
Oreste Tristani
3 The Bank of Japan's balance sheet 56
Kosuke Aoki
4 Central bank lending 79
Brian Madigan and William Nelson
5 The workings of liquidity lines between central banks 102
Saleem Bahaj and Ricardo Reis

PART II INTERMEDIARIES
6 Banks 126
Refet S. Gürkaynak, Jonathan H. Wright and Egon Zakrajšek
7 Non-bank financial intermediaries and financial stability 147
Sirio Aramonte, Andreas Schrimpf and Hyun Song Shin
8 Government agencies: Fannie Mae and Freddie Mac 171
Gillian Burgess, Wayne Passmore and Shane M. Sherlund
9 Money market funds 194
Antoine Bouveret, Antoine Martin and Patrick E. McCabe

PART III MONEY MARKETS
10 The federal funds market, pre- and post-2008 220
Eric T. Swanson
11 The repo market 237
Benjamin Munyan
12 The foreign exchange market 253
Alain Chaboud, Dagfinn Rime and Vladyslav Sushko

PART IV CAPITAL MARKETS
13 The Treasury and when-issued markets 277
J. Benson Durham and Roberto Perli
14 The municipal bond market 301
Daniel Bergstresser
15 Mortgage-backed securities 331
Andreas Fuster, David Lucca and James Vickery
16 Equity trading 358
Caroline Fohlin
17 Sovereign debt 378
Leonardo Martinez, Francisco Roch, Francisco Roldán and Jeromin Zettelmeyer

PART V DERIVATIVE MARKETS
18 Interest rate swaps 407
Bin Wei and Vivian Z. Yue
19 Credit default swaps 429
Antulio N. Bomfim
20 Foreign exchange swaps and cross-currency swaps 451
Angelo Ranaldo
21 Inflation hedging products 470
Stefania D'Amico and Thomas B. King
22 Futures and options 490
Refet S. Gürkaynak and Jonathan H. Wright

Index 509

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