Lecture 15 Money Supply, Money Demand, and the Banking System 1.

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Presentation transcript:

Lecture 15 Money Supply, Money Demand, and the Banking System 1

2 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply

3 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking

4 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking

5 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking Fractional-Reserve Banking

6 Lecture 15. Money Supply, Money Demand, and the Banking System Fractional-Reserve Banking

7 Lecture 15. Money Supply, Money Demand, and the Banking System Fractional-Reserve Banking

8 Lecture 15. Money Supply, Money Demand, and the Banking System Fractional-Reserve Banking

9 Lecture 15. Money Supply, Money Demand, and the Banking System Fractional-Reserve Banking

10 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking Fractional-Reserve Banking

11 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking Fractional-Reserve Banking A Model of the Money Supply

12 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking Fractional-Reserve Banking A Model of the Money Supply Instruments of Monetary Policy

13 Lecture 15. Money Supply, Money Demand, and the Banking System Case Study: Bank Failures and the Money Supply in the 1930s

14 Lecture 15. Money Supply, Money Demand, and the Banking System Money Supply 100-Percent-Reserve Banking Fractional-Reserve Banking A Model of the Money Supply Instruments of Monetary Policy Bank Capital, Leverage, and Capital Requirements

15 Lecture 15. Money Supply, Money Demand, and the Banking System A Bank’s Balance Sheet

16 Lecture 15. Money Supply, Money Demand, and the Banking System Money Demand

17 Lecture 15. Money Supply, Money Demand, and the Banking System Money Demand Portfolio Theories of Money Demand

18 Lecture 15. Money Supply, Money Demand, and the Banking System Money Demand Portfolio Theories of Money Demand Case Study: Currency and the Underground Economy

19 Lecture 15. Money Supply, Money Demand, and the Banking System Money Demand Portfolio Theories of Money Demand Transactions Theories of Money Demand

20 Lecture 15. Money Supply, Money Demand, and the Banking System Money Demand Portfolio Theories of Money Demand Transactions Theories of Money Demand => The Baumol–Tobin Model of Cash Management

21 Lecture 15. Money Supply, Money Demand, and the Banking System The Baumol–Tobin Model of Cash Management

22 Lecture 15. Money Supply, Money Demand, and the Banking System The Baumol–Tobin Model of Cash Management

23 Lecture 15. Money Supply, Money Demand, and the Banking System The Baumol–Tobin Model of Cash Management

24 Lecture 15. Money Supply, Money Demand, and the Banking System Financial Innovation, Near Money, and the Demise of the Monetary Aggregates

25 Lecture 15. Money Supply, Money Demand, and the Banking System Conclusion