Money, Banking and Financial Markets (4th Edition) – eBook

Author(s)

Kermit L. Schoenholtz

Professor Kim Schoenholtz is the Henry Kaufman Professor of the History of Financial Institutions and Markets in the Economics Department and teaches courses on money and banking and on macroeconomics. He also directs the Stern Center for Global Economy and Business. Previously, Kermit served as Citigroup's global chief economist from 1997 until 2005.

Kim started his career as a market economist at Salomon Brothers in 1986, working in its New York, Tokyo and London operations. He was named Salomon's chief economist in 1997, and subsequently became chief economist at Salomon Smith Barney and at Citigroup. Kermit was a visiting scholar at the Bank of Japan's Institute for Monetary and Economic Studies from 1983 to 1985. He received an M.Phil. in economics from Yale University in 1982 and an A.B. from Brown University in 1977. He also studied for one year in Marburg, Germany (1978-79) and completed a one-year intensive Japanese language program at Cornell (1979-80).

Stephen G.Cecchetti

Dr. Stephen Cecchetti is currently Professor of International Economics and Finance at the International Business School, Brandeis University, and Director of Research at the Rosenberg Institute for Global Finance. Stephen is also a Research Associate of the National Bureau of Economic Research, an organization of distinguished academic economists who specialize in policy-oriented empirical studies of national and world economies, and a consultant to central banks around the world. He is currently serving as a consultant to the European Central Bank's Inflation Persistence Project. Prior to joining the faculty at Brandeis, Dr. Cecchetti was Professor of Economics at Ohio State University. From August 1997 to September 1999, he was Executive Vice President and Director of Research at the Federal Reserve Bank of New York, as well as Associate Economist of the Federal Open Market Committee. Stephen received a S.B. in Economics from M.I.T. in 1977, and a Ph.D. in Economics from the University of California at Berkeley in 1982.