The economics of money, banking and financial markets brings a fresh perspective to todays major questions surrounding financial policy. Mishkin provides coverage of and many new insights into the monetary policy process, the operation of the federal reserve, the regulation and supervision of the financial system, and the internationalization of financial markets. You can download the slides by using the following links. Cost advantages reserve requirements create additional expense for banks that money markets do not have regulations on the level of interest banks could offer depositors lead to a significant growth in money markets, especially in the 1970s and 1980s. Building on his expertise in macroeconomic policy making at the federal reserve, author frederic s. Financial markets and the economy b8351 professor frederic s.
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