Rick Mishkin ist ein amerikanischer Ökonom, dessen Arbeit sich auf die Geldpolitik und ihre Auswirkungen auf die Finanzmärkte und die Gesamtwirtschaft konzentriert. Seine Forschung befasst sich mit den komplexen Zusammenhängen zwischen Entscheidungen der Zentralbanken und der breiteren Wirtschaftslandschaft. Durch seine Analysen trägt er zu einem tieferen Verständnis der Mechanismen bei, die die wirtschaftliche Stabilität und das Wachstum beeinflussen. Seine Expertise bietet wertvolle Einblicke in die Funktionsweise moderner Finanzsysteme.
By applying an analytical framework to the patient, stepped-out development of models, Mishkin draws students into a deeper understanding of modern monetary theory, banking and policy. His combination of common sense applications with current events provides comprehensive coverage in an informal tone students appreciate.
The Pearson Global Edition offers tailored content designed to resonate with students internationally, reflecting the collaborative efforts of educators worldwide. This edition focuses on enhancing the educational experience by incorporating diverse perspectives and relevant material that extends beyond the typical U.S. curriculum.
The book explores the evolving dynamics of financial markets and institutions through a practical lens. By introducing core principles and applying them to real-world scenarios, it emphasizes empirical applications that enhance critical-thinking and problem-solving skills. This approach equips readers with a deeper understanding of the financial landscape and prepares them for real-world challenges in the field.
Argues that financial globalization is essential for poor nations to become rich. This book argues that an effectively managed financial globalization promises benefits on the scale of the hugely successful trade and information globalizations of the nineteenth and twentieth centuries.