Customer Reviews:
Not what I thought.......2007-08-26
This book was a lot less than expected. It is basically a book of definitions. It does not offer notes from the book which is what I thought I was getting.
Financial Markets and Institutions-Cram Text.......2007-02-16
Don't get it. It is useless. Elementary style study pack.
Very good for first exposure to financial markets.......2003-12-10
This book is not an advanced book on financial markets, but it is a good introductory book. I use this book for my undergraduate teaching. Both I and students are happy about the coverage of the book. It is well organized and well written. Improvements will be valuable in the derivatives markets and risk management areas.
Good start.......2003-12-04
I've used some version of this book for many years now, and I've seen it evolve. I think, as other reviewers have said, that there are some simplified portions of the book, especially those parts dealing with monetary economics. There are other portions which lay out the principles as only these authors can, and those parts are extremely helpful and valuable. This book allows me to teach my notes and thoughts with a textbook serving as a reference and an introduction -- it doesn't get in my way, in other words. I use it along with several other texts, and I think it gets the job done. Students seem to like it as well, mainly for its clarity. For someone wanting to learn the basics, this is an excellent choice.
This book insults the intelligence of all but newcomers.......2002-11-08
Although this might be a perfect book for those looking for simplicity, I would not advise it to anybody with previous exposure to finance.
The book is a way too simple, and reveals huge ignorance on the markets outside the US.
I think the book is very much a benchmark to reveal ignorant finance - teachers.
Book Description
Ever wonder how interest rates are determined?
Would you like to know how to read actual financial data?
Want to know what makes the financial sector really tick?
You'll find answers to these questions and more in Kidwell, Blackwell, Whidbee, and Peterson's Ninth Edition of Financial Institutions, Markets, and Money. Featuring a strong emphasis on fundamental concepts and how things really work in a market context, these four expert authors present a balanced, up-to-date overview of the U.S. financial system and its primary institutions and markets, coupled with an introduction to international markets.
Examine the financial system from a real-world perspective.
Now revised and updated, this Ninth Edition reflects recent events and trends in the financial system. The new edition includes even more real-world, hands-on examples, as well as new "In Practice" boxes, which describe important issues and trends in business practice. You'll also learn how to read and interpret actual financial data.
Take a balanced look at institutions and markets.
The authors present balanced coverage of the U.S. financial system with strong emphasis on both institutions and markets. Throughout, they take a free-market approach to the analysis of economic, market, and regulatory issues.
Understand how the material relates to your life and career.
Financial Institutions, Markets, and Money, Ninth Edition is written specifically for students. The authors have a knack for explaining difficult concepts in an intuitive manner, without watering the material down. In addition, there are a number of examples related to the types of finance transactions that young professionals face, such as buying and financing a home or determining the rate of return on an investment.
Customer Reviews:
Great, well-organized.......2006-11-07
This study guide is quite useful for a student studying finance first time.
A good starting point for business and finance students.......2001-03-28
This book is updated to the latest development in financial market, institutions and structure.
It concisely presented the money and capital markets with a touch of history and functionality.
I particularly like the balanced view of the authors in their presentations. It successfully illustrates the functional as well as risk consideration of the markets and institutions.
This book should serve well for student studying in domestic financial market and also as a bridging link to international financial system.
Book Description
The Bank for International Settlements is only 1-2 years away from effectively requiring all major financial institutions in the world to use a sophisticated credit models. The most widely used model is based on the 1974 Merton model of risky debt. A more recent extension of the Merton model of risky debt is the Shimko, Tejima and van Deventer (1993) model, which allows for simultaneous analysis of credit risk and interest rate risk.
Increasingly, however, bankers are turning to a newer class of models called "reduced form credit models" because of their analytical power for both complex derivatives like credit derivatives and the mark to market of loans on a credit adjusted basis.
The Basel Capital Accords place a heavy emphasis on financial institutions' ability to assess credit risk. In this book, two of the world's best-known risk management experts assess both the Merton model and reduced form credit models and show exactly how to measure model performance as the Basel Accords require. They use the same tests to assess the likely effectiveness of the Basel Capital Accords in measuring the safety and soundness of financial institutions.
The authors go into great detail in assessing the ability of leading credit models to evaluate collateralized debt obligations, loan commitments, collateralized loans, as well as retail and small business loan portfolios.
Credit Risk Models and the Basel Accords reviews the objectives of the credit risk management process, introduces the theory of the Merton and reduced form credit models, shows how the models can be used in practice, and then examines a wide range of historical data to show the relative performance of the models in practice.
This book offers a balanced review of the newer reduced form models and the older Merton model. It is an invaluable guide for financial institutions striving to meet the requirements of the new Basel Accord. It is a book that thoroughly reviews the pros and cons of both classes of credit model. The Basel Accords ensure that financial institutions do more than just "have" a model - they must also understand how they work. This book will help to fulfill that requirement of the new Basel Accords.
Book Description
This text describes financial markets and institutions by providing a conceptual framework to understand why markets exist and what their role is in the financial environment. Each type of financial market is described with a focus on its utilization by financial institutions, its internationalization, and recent events that have affected it. Each type of financial institution is described with a focus on its regulatory aspects, management, use of financial markets, and performance. This edition continues its strong tradition of emphasizing timely examples and practical applications, including Internet materials, and offers a unique tie into Internet resources.
Customer Reviews:
well written.......2004-09-29
This book is a great introduction for someone with little background in economics or finance. It is also a good refresher for people that do have backgroungs in finance. I used it for the latter purpose and I still learned some things that I never previously knew. This book goes into a comprehensive examination of interest rates, fixed income securities, derivatives, and stocks. Easy to read and understand. Well written.
Great.......2001-09-12
It is a very good book, but might be rather basic for advanced financial people. However, it is very easy to follow, so it might be good.
Book Description
This text contains the strengths of the authors' money and banking text: they bring in a historical and evolutionary perspective, provide a global emphasis where appropriate, and cover all the topics common to traditional markets and institutions texts. In addition, they emphasize a flow-of-funds perspective and the text ends with a section on monetary policy. The text provides balanced coverage of the theories, policies, and institutions in a conversational style, avoiding complex models and high level mathematics, making it a student-friendly text with many unique features that offer additional explanation of concepts, analyses, and historical background. The text emphasizes how structural change, globalization, innovation, and technology affect the financial environment, with attention to how and why institutions and markets evolve.
Average customer rating:
- Precise, Clear and Helpful
- One of the best introductions to the subject
- pity they cannot comunicate
- Fantastic
- One of the worst written books on the subject
|
Financial Markets, Instruments, and Institutions
Anthony M. Santomero , and
David Babbel
Manufacturer: McGraw-Hill/Irwin
ProductGroup: Book
Binding: Hardcover
 General
| Popular Economics
| Business & Investing
| Subjects
| Books
Money & Monetary Policy
| Economics
| Business & Investing
| Subjects
| Books
Public Finance
| Economics
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Banks & Banking
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Investing
| Business & Investing
| Subjects
| Books
General
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Investing
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Business & Investing
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Look Inside Business Books
| Trip
| Specialty Stores
| Books
Look Inside Nonfiction Books
| Trip
| Specialty Stores
| Books
ASIN: 0072358688 |
Book Description
Financial Markets, Instruments and Institutions, 2/e offers a perspective that centers on the function, pricing and institutional structure of the financial markets. It focuses on these areas because financial markets, instruments and institutions have undergone substantial change over the last decade. Santomero/Babbel covers the wide range of financial instruments and the structure of financial markets and institutions, issues not addressed by traditional “Money and Banking” books. Santomero/Babbel also includes valuation and pricing methodologies, issues avoided by lower level “Money and Capital Markets” books.
Customer Reviews:
Precise, Clear and Helpful.......2001-01-13
The authors not only demonstrate their understanding of financial markets by way of the breadth and precision of the topics discussed, but they also present the material in a way that is understandable to even those uninitiated in finance. If you are looking to learn the basic concepts underlying the various markets (equity, bond, mortgage, etc.), and you are interested by the wide range of pricing tools available today, this book is up your alley.
One of the best introductions to the subject.......2000-11-22
This is one the best introductory textbooks on the subject of financial markets and institutions. It is comprehensive and full of examples and exercises. The authors do an excellent job of presenting complex concepts in a relatively simple and straightforward style. Highly recommended.
pity they cannot comunicate.......2000-02-22
clearly written by a pair of highly intelligent intellectuals. it is a pity they cannot comunicate.
Fantastic.......1999-06-09
This book is brilliantly written by obviuosly two bright intellectuals. They bring a unmatched insight into the financial market world.
One of the worst written books on the subject.......1999-01-10
The idea to have a broad but thorough overview of different financial markets is brilliant. However, the author has real talent to make relatively simple ideas incomprehensible. Overall, the book is very difficult to read, language and wording are terrible.
Book Description
Integrating coverage of international financial markets and the global economy from the outset, MONEY, BANKING AND FINANCIAL MARKETS gives you a solid foundataion of the topics important to the twenty-first century world of money and banking. It is also the first and only text on the market to offer a fully-integrated program of accompanying online resources and multimedia tools to enhance your study of money and banking and help you prepare for tests.
Customer Reviews:
A Gem.......2004-05-29
Excellent and brilliant book. I used it to successfully pass the Dantes Money and Banking exam. Amazingly, it's as thick as phone book, yet very easy to read. After completing a chapter, you just long for more. I recommend it.
Average customer rating:
|
Financial Geography: A Banker's View (Routledge International Studies in Money and Banking)
Ris Laulajainen
Manufacturer: Routledge
ProductGroup: Book
Binding: Hardcover
General
| Popular Economics
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Banks & Banking
| Industries & Professions
| Business & Investing
| Subjects
| Books
Human Geography
| Social Sciences
| Nonfiction
| Subjects
| Books
Banks & Banking
| Finance
| International
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
Look Inside Business Books
| Trip
| Specialty Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
ASIN: 0415278708 |
Book Description
Previously, there a been a distinct lack of literature on the economic geography of the world's financial centers. This book is set to remedy that gap.
Financial Geography is the only geographical reader explaining the intricacies of high finance from a global perspective in the 1990s. It is a comprehensive presentation of institutional backgrounds, markets, products, actors and locations, a non-technical primer for future bankers and financial analysts, and a keystone in the basic education of future executives.
This truly internationally focused book is as enjoyable as is it informative. All students and academics involved with economic geography as well as professionals in the banking and finance industries will find this text to be an indispensible book for their bookshelves.
Book Description
Recent crises in emerging markets have been heavily driven by balance-sheet or net-worth effects. Episodes in countries as far-flung as Indonesia and Argentina have shown that exchange rate adjustments that would normally help to restore balance can be destabilizing, even catastrophic, for countries whose debts are denominated in foreign currencies. Many economists instinctually assume that developing countries allow their foreign debts to be denominated in dollars, yen, or euros because they simply don't know better.
Presenting evidence that even emerging markets with strong policies and institutions experience this problem, Other People's Money recognizes that the situation must be attributed to more than ignorance. Instead, the contributors suggest that the problem is linked to the operation of international financial markets, which prevent countries from borrowing in their own currencies. A comprehensive analysis of the sources of this problem and its consequences, Other People's Money takes the study one step further, proposing a solution that would involve having the World Bank and regional development banks themselves borrow and lend in emerging market currencies.
Book Description
Money and Capital Markets 8/e by Peter Rose provides a thorough and comprehensive view of the whole financial system. All the major types of financial institutions and financial instruments present today are discussed, along with how and why the system of money and capital markets is changing. Money and Capital Markets also provides a descriptive explanation of how interest rates and security values are determined. It discusses the current and future trends of the globalization of financial markets, the ongoing consolidation of the financial institutions’ sector, and recent efforts to protect consumer privacy in the financial services field.
Customer Reviews:
Wonderful service.......2005-07-17
I was very happy with the quality of the product and the fast service. The only thing I was disappointed in was the description did not specify the edition # of the book and what I received was one edition back from what I needed. More information in the description would be very helpful.
Ok review and introduction.......2002-04-28
The book has a lot of detailed historical information about the financial systems. Unfortunatly the author pay too much attention to history and not enough on practical fundementals. There are several errors and steps deleted in the book. Plus not enough examples are provided in comparrison to the problems assigned. Even my professor stated that the 7th edition had plenty of problems that won't be resolved until the 12-13th edition.
Books:
- Financial Reporting and Analysis (3rd Edition)
- Financial Reporting and Analysis (3rd Edition)
- Food Politics: How the Food Industry Influences Nutrition and Health (California Studies in Food and Culture)
- Foundations of International Macroeconomics
- Free to Choose: A Personal Statement
- Friends to the End: The True Value of Friendship
- Global Strategy (with World Map and InfoTrac )
- Globalization and Its Enemies
- Handbook of Computational Economics, Volume 2: Agent-Based Computational Economics (Handbook of Computational Economics)
- History: Fiction or Science? (Chronology, No. 1)
Books Index
Books Home
Recommended Books
- The Sea of Monsters
- Romancing the Shadow: A Guide to Soul Work for a Vital, Authentic Life
- Epidemic Modelling: An Introduction
- How to Know the Beetles
- Manual of Clinical Microbiology
- RFID Essentials
- Murder on Gramercy Park
- Specifying Interiors: A Guide to Construction and FF&E for Residential and Commercial Interiors
- Ken Smith Landscape Architect: Urban Projects
- Green Eyed Flo
Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing (Financial Management Association Survey and Synthesis Series)
Essentials of Investments with Standard & Poor's Bind-in Card
Intermediate Financial Management (with Thomson One)
International Financial Management (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est)
A Term at the Fed : An Insider's View
