The economics of money, banking, and financial markets


CHAPTER 2 An Overview of the Financial System  22



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Mishkin, F. (2016) The Economics of Money, Banking, and Financial Markets. 12th edition

CHAPTER 2

An Overview of the Financial System 



22

Function of Financial Markets ................................................................................................... 22

Structure of Financial Markets ................................................................................................... 25

A01_MISH3821_12_SE_FM.indd   11

27/10/17   5:49 PM



xii

 

Contents in Detail

Debt and Equity Markets ...................................................................................................... 25

Primary and Secondary Markets ........................................................................................... 25

Exchanges and Over-the-Counter Markets ............................................................................ 26

Money and Capital Markets .................................................................................................. 27

Financial Market Instruments .................................................................................................... 27

Money Market Instruments .................................................................................................. 27


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