摘要 | 第3-5页 |
Abstract | 第5-7页 |
Acronyms | 第10-11页 |
Chapter 1 Introduction | 第11-25页 |
1.1 Research background and significance | 第11-18页 |
1.1.1 Research background | 第11-15页 |
1.1.2 Research significance | 第15-18页 |
1.2 Originality and deficiencies | 第18-20页 |
1.2.1 Originality | 第18-19页 |
1.2.2 Deficiencies | 第19-20页 |
1.3 Research methodology and thesis structure | 第20-25页 |
1.3.1 Research methodology | 第20-21页 |
1.3.2 Thesis structure | 第21-25页 |
Chapter 2 Literature review | 第25-49页 |
2.1 Literature review of the definition of UMP | 第25-28页 |
2.2 Literature review of the classification of UMP | 第28-34页 |
2.3 Literature review of theoretical and empirical studies on UMP | 第34-49页 |
2.3.1 Literature review of theoretical studies on UMP | 第34-37页 |
2.3.2 Literature review of empirical studies on the unconventiona | 第37-49页 |
Chapter 3 Theoretical approach | 第49-86页 |
3.1 Theoretical foundation:development of theories of money | 第49-56页 |
3.1.1 Keynesian theory of money | 第49-50页 |
3.1.2 Monetarist theory of money | 第50-52页 |
3.1.3 Rational expectation | 第52-53页 |
3.1.4 New developments | 第53-54页 |
3.1.5 A brief summary | 第54-56页 |
3.2 Theory related to the effectiveness of monetary policy | 第56-61页 |
3.2.1 Definition of effectiveness of monetary polity | 第56-57页 |
3.2.2 Frame for the analysis of effectiveness monetary policy | 第57-58页 |
3.2.3 Transmission mechanism of monetary policy | 第58-61页 |
3.3 Unconventional monetary policy tools | 第61-70页 |
3.3.1 Term Auction Facility (TAF) | 第62-63页 |
3.3.2 Term Securities Lending Facility (TSLF) | 第63-64页 |
3.3.3 Primary Dealer Credit Facility (PDCF) | 第64-65页 |
3.3.4 Commercial Paper Funding Facility (CPFF) | 第65-67页 |
3.3.5 Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF) | 第67-68页 |
3.3.6 Money Market Investor Funding Facility (MMIFF) | 第68-69页 |
3.3.7 Term Asset-backed Securities Loan Facility (TALF) | 第69-70页 |
3.4 Deficiencies and inadequacies of UMP adopted in the U.S | 第70-76页 |
3.4.1 The independence of the Federal Reserve | 第71-73页 |
3.4.2 Overemphasis of the role of money in response to financial crisis | 第73页 |
3.4.3 Inflation risks | 第73-74页 |
3.4.4 The role of dollar in the international monetary system | 第74-76页 |
3.5 The influence of UMP on China and its references for China | 第76-86页 |
3.5.1 The influence of UMP on China | 第76-79页 |
3.5.2 Measures in response to the influence of UMP | 第79-81页 |
3.5.3 References for China | 第81-86页 |
Chapter 4 Empirical Study | 第86-105页 |
4.1 The practice of unconventional monetary policies in the U.S | 第87-94页 |
4.2 The effectiveness of the first category of innovative monetary policy tools | 第94-97页 |
4.3 The effectiveness of the second category of innovative monetary policy tools | 第97-100页 |
4.4 The effectiveness of the third category of innovative monetary policy tools | 第100-105页 |
Chapter 5 Summary, conclusion and policy recommendation | 第105-113页 |
5.1 Conclusion | 第105-108页 |
5.2 Policy recommendations | 第108-111页 |
5.3 Limitations | 第111-113页 |
Bibliography | 第113-118页 |