Economics of Money, Banking and Financial Markets, The Business School Edition (5th Edition) – eBook

Author(s)

Frederic S. Mishkin

Dr. Frederic S. Mishkin is the Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University (USA). He is also a Research Associate at the National Bureau of Economic Research, a member of the Squam Lake Working Group on Financial Reform,co-director of the US Monetary Policy Forum, and past president of the Eastern Economics Association. Since receiving his Ph.D. from the MIT in 1976, he has taught at the Northwestern University, Princeton University, University of Chicago, and Columbia. He has also received an honorary professorship from the People’s (Renmin) University of China. From 1994 to 1997, Dr. Mishkin was Director of Research and Executive Vice President at the Federal Reserve Bank of New York and an associate economist of the Federal Open Market Committee of the Federal Reserve System. From September 2006 to August 2008, he was a member (governor) of the Board of Governors of the Federal Reserve System.

Fred's research focuses on monetary policy and its impact on financial markets and the aggregate economy. He is the author of more than 20 books, including Financial Markets and Institutions, 9th Edition (Pearson, 2018); Macroeconomics: Policy and Practice, 2nd Edition (Pearson, 2015); The Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich (Princeton University Press, 2006); Monetary Policy Strategy (MIT Press, 2007); Money, Interest Rates, and Inflation (Edward Elgar, 1993); Inflation Targeting: Lessons from the International Experience (Princeton University Press, 1999); and A Rational Expectations Approach to Macroeconometrics: Testing Policy Ineffectiveness and Efficient Markets Models (University of Chicago Press, 1983). In addition, he has published more than 200 articles in such journals as Journal of Political Economy, Econometrica, Quarterly Journal of Economics, American Economic Review, Journal of Finance, and Journal of Monetary Economics.