货币金融学（第十二版）英文版教学课件mishkin_econ12e_ppt_15.pptxVIP

The Economics of Money, Banking, and Financial Markets;Preview;Learning Objectives;The Market for Reserves and the Federal Funds Rate;Demand in the Market for Reserves;Supply in the Market for Reserves;Figure 1 Equilibrium in the Market for Reserves;How Changes in the Tools of Monetary Policy Affect the Federal Funds Rate (1 of 2);How Changes in the Tools of Monetary Policy Affect the Federal Funds Rate (2 of 2);Figure 2 Response to an Open Market Operation ;Figure 3 Response to a Change in the Discount Rate;Figure 4 Response to a Change in Required Reserves;Figure 5 Response to a Change in the Interest Rate on Reserves;Application: How the Federal Reserve’s Operating Procedures Limit Fluctuations in the Federal Funds Rate;Figure 6 How the Federal Reserve’s Operating Procedures Limit Fluctuations in the Federal Funds Rate;Conventional Monetary Policy Tools;Open Market Operations;Inside the Fed: A Day at the Trading Desk;Discount Policy and the Lender of Last Resort;Reserve Requirements;Interest on Excess Reserves;Inside the Fed: Using Discount Policy to Prevent a Financial Panic;Relative Advantages of the Different Monetary Policy Tools;On the Failure of Conventional Monetary Policy Tools in a Financial Panic;Nonconventional Monetary Policy Tools During the Global Financial Crisis;Figure 7 The Expansion of the Federal Balance Sheet, 2007–2014;Nonconventional Monetary Policy Tools During the Global Financial Crisis (1 of 2);Nonconventional Monetary Policy Tools During the Global Financial Crisis (2 of 2);Inside the Fed: Fed Lending Facilities During the Global Financial Crisis;Monetary Policy Tools of the European Central Bank;Copyright