货币论:货币及货币循环(第一卷)

货币论:货币及货币循环(第一卷)
ISBN-10
7500167539
ISBN-13
9787500167532
Category
Business & Economics / Money & Monetary Policy
Pages
388
Language
Chinese
Published
2021-10-01
Publisher
BEIJING BOOK CO. INC.
Authors
陆磊, 刘学著

Description

基于现实的货币经济运行,本书提出:货币的本质是一种权利,即持有货币意味着获得“未来效用索取权”;货币交易是公众和中央银行作为货币供给方、金融中介机构作为货币需求方的“纯粹”货币交易。基于对货币与货币交易的重新界定,本书构建了银行(金融中介)货币需求理论的微观基础,分析了货币中性与非中性的叠加态;推导出超额货币需求两大定理,证明了银行信用的独立和抵质押融资机制的形成都会驱动银行对家庭部门的超额货币需求,由此形成过度投资和信贷收缩周期性经济—金融现象;最后对现实货币经济中存在的两种货币循环——“产出—货币循环”和“资产—货币循环”——进行深度剖析,论证了抵质押融资机制如何驱动资产泡沫化和资产价格膨胀,以及宽松的货币政策在这一过程中的“助推”作用。

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