《货币、银行和金融市场经济学》第八版.pptx

Chapter 01;Why Study Money, Banking, and Financial Markets;Part1 Introduction;Part2 Financial Markets and Financial Institutions ;FIGURE 1 Interest Rates on Selected Bonds, 1950–2021;Part3 Central Banking and the Conduct of Monetary Policy;Part4 Money Theory;FIGURE 4 Aggregate Price Level and the Money Supply in the United States, 1950–2021;Money and Inflation;FIGURE 5 Average Inflation Rate Versus Average Rate of Money Growth for Selected Countries, 1997–2007;FIGURE 6 Money Growth (M2 Annual Rate) and Interest Rates (Long-Term U.S. Treasury Bonds), 1950–2021;Money and Interest Rates;FIGURE 3 Money Growth (M2 Annual Rate) and the Business Cycle in the United States, 1950–2021;How We Will Study Money, Banking, and Financial Markets;References;Chapter 3;Meaning of Money〔货币〕;Meaning of Money;Functions of Money;Functions of Money;Evolution of the Payments System〔支付制度的演变〕;Evolution of the Payments System;Measuring Money;Measuring Money;Table 1 Measures of the Monetary Aggregates;Monetary Aggregates;存款的种类：* 活期存款：这种存款，支用时须使用银行规定的支票，又称为支票存款。企业、个人、政府机关、金融机构都能在银行开立活期存款账户。 定期存款：指那些具有确定的到期期限才准提取的存款。 储蓄存款：这主要是针对居民个人积蓄货币之需所开办的一种存款业务。一般不能据此签发支票，支用时只能提取现金或先转入存户的活期存款账户。它可以进一步分为活期和定期两大类。; 中国的货币计量： M0 = 流通中现金 M1 = M0 + 企事业单位活期存款 M2 = M1 + 企事业单位定期存款+居民储蓄存款 + 证券公司客户保证金 + 其他存款; 货币概览 Monetary Survey 　;M1 vs. M2;FIGURE 1 Growth Rates of the M1 and M2 Aggregates, 1960–2021;How Reliable are the Money Data?;Table 2 Growth Rate of M2: Initial and Revised Series, 2021 (percent, compounded annual rate);;表1 美英德法四国批发物价指数;In 1944, there was a meeting of 44 nations at Bretton Woods, New Hampshire. The meeting was called the Bretton Woods Conference, officially known as the United Nations Monetary and Financial Conference. An international agreement, called Bretton Woods Agreement, was reached to govern monetary policy among nations The purpose was to design a postwar international monetary system.;Under the Bretton Woods System, the U.S. dollar was pegged to gold at