In "The Money Market," Timothy Q. Cook and Robert K. LaRoche provide an overview of money market participants and financial instruments.
- What is the money market? Why does it exist? What are the basic characteristics of money market instruments?
- Who are the principal borrowers in the money market? Through what instruments do they borrow?
- Describe banks' various roles in the money market.
Source: "The Money Market." Timothy Q. Cook and Robert K. LaRoche in Instruments of the Money Market edited by Timothy Q. Cook and Robert K. LaRoche, Federal Reserve Bank of Richmond, 1993, 1-6.
