金融创新对货币供给和货币需求的影响论文.docVIP

金融学概论 课程论文 题 目:金融创新对货币供给和货币需求的影响 年级专业： 学生姓名： 学 号： 指导教师： 2013年4月 30日  摘 要 金融创新扩大了货币供给主体,使货币定义和计量复杂化，金融创新放大了货币乘数。同时，金融创新减少了货币需求量，改变了货币内涵和需求结构。金融创新从政策工具、中介目标、传导机制方面对凯恩斯的货币政策有效性提出挑战。金融创新降低了存款准备金机制的作用，削弱了再贴现政策的效用，强化了公开市场业务的作用。金融创新对利率、货币供应量、汇率等中介目标进行着影响。金融创新使传统的传导机制受阻。 关键词： 金融创新 货币供求 货币政策 有效性 Title Impact of financial innovation on money supply and money demand Abstract The financial innovation expanded the currency supplies main body, caused the currency definition and the measurement complication, the financial innovation enlarged the currency multiplicator.At the same time, the financial innovation reduced the currency demand, changed the currency connotation and the demand structure.The financial innovation from the policy tool, the intermediary goal, the conduction machine-made aspect proposes the challenge to Keyness monetary policy validity.The financial innovation reduced the bank reserve against deposits mechanism function, weakened the rediscount policy effectiveness, strengthened the open market service function.The financial innovation to the interest rate, the money supply, the exchange rate and so on the intermediary goal is carrying on the influence.The financial innovation causes traditional the conduction mechanism to be blocked. Keywords Financial innovation Currency supply and demand Monetary policy Validity 目 录 1引言 …………………………………………………………………………… 1 2金融创新的含义及动因 …………………………………………………………1 2.1 1 规避风险的创新 …………………………………………… 1 2.1 2 规避行政管制的创新 …………………………………………1 2.1 3 金融机构和金融制度的创新 ………………………………… 1 3 金融创新对货币供给和货币需求的影响 …………………………………… 2 3.1 金融创新对货币供给的影响 ………………………………