The Economic Studies Shelf

Research Handbook of Financial Markets
Refet S. Gurkaynak, editor
Jonathan H. Wright, editor
Edward Elgar Publishing
9 Dewey Court, Northampton, MA 01060-3815
www.e-elgar.com
9781800375314, $315.00, HC, 532pp

https://www.e-elgar.com/shop/usd/research-handbook-of-financial-markets-978= 1800375314.html

Synopsis: A part of the 'Research Handbooks in Money and Finance' series fr=
om Edward Elgar Publishing, "The Research Handbook of Financial Markets" is=
collaboratively compiled and co-edited the the team of professors Refet S.=
Gurkaynak and Jonathan H. Wright. Twenty-two essays comprising this econom= ics textbook carefully discuss the histories and current states of the most=
important financial markets and institutions, as well as explicitly unders= coring open questions that need study. By describing the institutional stru= cture of different markets and highlighting recent changes within them, it = accurately highlights their evolving nature.

Taking the perspective that finance and macroeconomics are intertwined, thi=
s illuminating Research Handbook brings together prominent experts to inves= tigate key market interactions. Chapters act as self-contained case studies=
of particular markets, allowing for a thorough individual examination of e= ach. Ultimately, they offer a holistic understanding of financial markets a=
nd the current state of research.

Academics and researchers in economics and finance curious about developmen=
ts within financial regulation and banking will find this comprehensive Han= dbook to be hugely valuable. Market participants will additionally find it =
to be a useful reference, along with regulators seeking to mitigate financi=
al instability.

Critique: With the twenty-two contributions deftly organized into five sect= ions (Central Banking; Intermediaries; Money Markets; Capital Markets, Deri= vative Markets), "Research Handbook of Financial Markets" is unreservedly r= ecommended, especially for personal, professional, college, and university = library Contemporary Economics collections and supplemental Economics curri= culum studies lists. Of special note is the inclusion of a complete listing=
of the contributors and their credentials.

Editorial Note #1: Refet S. Gurkaynak (https://bse.eu/people/gurkaynak-refe=
t) is Professor of Economics at Bilkent University, Turkey and CEPR, CESIfo=
, and CFS.

Editorial Note #2: Jonathan H. Wright (https://econ.jhu.edu/directory/jonat= han-wright) is a Professor of Economics, at Johns Hopkins University, US an=
d NBER.

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