货币金融学米什金版本名词一览表.doc

Chapter 1 Why Study Money, Banking, and Financial Markets?第一章：为什么要研究货币、银行与金融市场1. aggregate income 总收入2. aggregate output 总产出3. aggregate price level 物价总水平4. budget deficit 预算赤字5. GDP 国内生产总值6. unemployment rate 失业率Chapter 2 An Overview of the Financial System第二章：金融体系概览1. asset transformation 资产转化 2. adverse selection 逆向选择3. asymmetric information 信息不对称4. Eurobond 欧洲债券5. financial panic 金融恐慌6. foreign bonds 外国债券7. liquid 流动性8. economic of scale 规模经济9. primary market 一级市场10. secondary market 二级市场11. transaction costs 交易成本Chapter 3 What Is Money?第三章：什么是货币？1. commodity money 商品货币2. currency 通货3M14. M25. Fiat money 不兑现货币6. hyperinflation 恶性通货膨胀7. E-cash 电子现金8. M 3Chapter 4 Understanding Interest Rates第四章：理解利率1. real interest rate 实际利率2. coupon bond 息票债券3. indexed bond 指数化债券4. coupon rate 息票利率5. current yield 当期收益率6. yield on a discount basis 贴现基础上的收益率7. present value 现值8. discount bond （zero-coupon bond） 贴现发行债券（零息债券）9. rate of capital gain 资本利得率10. yield to maturity 到期收益率Chapter 5 the behavior of interest rates第五章：利率行为1. opportunity cost 机会成本2. demand curve 需求曲线3. liquidity preference framework 流动性偏好理论 4. loanable funds 可贷资金5. loanable funds framework 可贷资金理论6. Fisher effects 费雪效应Chapter 6 the Risk and Term Structure of Interest Rates第6章 利率的风险结构与期限结构1. inverted yield curve 翻转的收益率曲线2. junk bonds 垃圾债券3. liquidity premium theory 流动性溢价理论4. preferred habitat theory 期限优先理论5. risk premium 风险溢价6. segmented markets theory 分割市场理论7. yield curve 收益率曲线8. terms structure of interest rates 利率期限结构Chapter 7The Stock Market, the Theory of Rational Expectations, and the efficient Market Hypothesis第7章 股票市场、理性预期理论与有效市场假定1. adaptive expectations 适应性预期2. bubble 泡沫3. efficient markets 有效市场4. rational expectations 理性预期5. residual claimant 剩余索取权6. markets fundamentals 市场基本面Chapter 8An Economic Analysis of Financial Structure第8章 金融结构的经济学分析1. agency theory 代理理论2. pecking order hypothesis 啄食顺序假定3. debt deflation 债务萎缩4.free-rider problem 免费搭车问题5. incentive-compatible 激励相容6. net worth(equity capital) 净值（权益资本）Chapter 9Banking and the Management of Financial Institutions第9章 银行业与金融机构的管理1. compensating balance 补偿性余额2. discount loans 贴现贷款3. discount rates 贴现率4. duration 久期5. excess reserves 超额准备金6. gap analysis 缺口分析7. off-balance-sheet activities 表外业务8. required reserved ratio 法定准备金率9. ROA （return on assets） 资产回报率10. ROE （return on equity） 股权回报率11. secondary reserves 二级准备金12. vault cash 库存现金Chapter 10 Banking Industry: Structure and Competition第10章 银行业：结构和竞争1. disintermediation 脱媒2. dual banking system 双重银行体制3. economies of scope 范围经济4. financial derivatives 金融衍生工具5. future 期货6. hedge 对冲7. securitization 证券化Chapter 11Economic Analysis of Financial Regulation第11章 银行监管的经济学分析1. leverage ratio 杠杆比例2. leverage ratio 杠杆比例3. regulatory forbearance 监管宽容4. Basel Accord 巴塞尔协议Chapter 12 Nonblank Finance第12章 非银行金融机构1. annuity 年金2. closed-end fund 封闭式基金3. fully funded 足额基金4. hedge fund 对冲基金5. open-end fund 开放式基金6. load funds 付佣金基金Chapter 13 Financial Derivatives第13章 衍生金融工具1. American option 美式期权2. arbitrage 套利3. call option 看涨期权4. currency swap 货币互换5. strike price or exercise price 执行价格6. forward contract 远期合约7. interest-rate swap 利率互换8. long position 多头9. option 期权10. swap 互换11. stock option 股票期权Chapter 14Central Banks and the Federal Reserve System第14章 中央银行的结构与联邦储备体系1. instruments independence 工具独立性2. political business cycle 政治经济周期3. open market operations 公开市场操作4. goal independence 目标独立性Chapter 15Multiple Deposit Creation and the Money Supply Process第15章 多倍存款创造和货币供给过程1. high-powered money 高能的货币2. multiple deposit creation 多倍存款创造3. required reserve ratio 法定存款准备金4. reserves 准备金Chapter 16Determinants of the Money Supply第16章 货币供给的决定因素1. money multiplier 货币乘数2. non-borrowed monetary base 非借入基础货币Chapter 17 Tools of Monetary Policy第17章 货币政策工具1. discount windows 贴现窗口2. defensive open market operations 防御性公开市场操作3. dynamic open market operations 能动性公开市场操作4. federal funds rate 联邦基金利率5. repurchase agreement 回购协议Chapter 18Conduct of Monetary Policy: Goals and Targets第18章 货币政策实施：最终目标和政策指标1. intermediate targets 中介指标2. natural rate of unemployment 自然失业率3. NAIRU(non-accelerating inflation rate of unemployment ) 非加速通货膨胀失业率4. operating target 操作指标5. Phillips curve theory 菲利普斯曲线理论6. real bills doctrine 真实票据原则Chapter 19The Foreign Exchange Market第19章 外汇市场1. appreciation 升值2. effective exchange rate index 有效汇率指数3. exchange rate overshooting 汇率超调4. interest parity conditions 利息平价条件5. law of one price 一价定律6. monetary neutrality 货币中性7. PPP （theory of purchasing power parity） 购买力平价理论Chapter 20The International Financial System第20章 国际金融体系 1. 1. balance of payments 国际收支平衡表2. Britton Woods System 布雷顿森林体系3. current account 经常账户4. capital account 资本账户5. fixed exchange rate regime 固定汇率制度6. IMF 国际货币基金组织7. international reserves 国际储备8. managed floating regime，dirty float 有管理的浮动制度或称肮脏的浮动汇率制度9. reserves currency 储备货币10. special drawing rights SDR 特别提款权11. sterilized foreign exchange intervention 冲销性外汇干预Chapter 21Monetary Policy Strategy: The International Experience第21章 货币政策策略：国际经验1. dollarization 美元化2. nominal anchor 名义锚3. Seigniorage 铸币税4. time-consistency problem 时间非一致性问题Chapter 22The Demand for Money第22章 货币需求1. real money balances 实际货币余额2. liquidity preferences theory 流动性偏好理论3. equation of exchange 交易方程式4. quantity theory of money 货币数量论5. velocity of money 货币流通速度Chapter 23The Keynesian Framework and the ISLM Model第23章 凯恩斯理论框架与IS-LM模型1. animal spirits 浮躁情绪2. autonomous consumer expenditure 自主性消费支出3. expenditure multiplier 支出乘数4. IS curve IS曲线5. LM curve LM曲线6. MPC margin propensity to consumer 边际消费倾向Chapter 24Monetary and Fiscal Policy in the ISLM Model第24章 IS-LM模型中的货币政策与财政政策1. aggregate demand curve 总需求曲线2. long-run monetary neutrality 长期货币中性3. natural rate level of output 产出的自然率水平4. completely crowing out 完全挤出Chapter 25Aggregate Demand and Supply Analysis第25章 总需求与总供给分析1. partial crowding out 部分挤出2. modern quantify theory of