《货币银行学》课程教学资源（案例讨论）中央银行资产负债表及货币供应量分析（双语）

Casestudy:案例分析中央银行资产负债表及货币供应量分析阅读：我国货币当局的资产负债表（balancesheet)以及货币供应量表（moneysupply）（2006.7-2006.12，单位：亿元人民币）。报表项目2006.072006.092006.102006.112006.12Items2006.08国外资产75388.9078201.5979957.6985772.64Foreignassets76380.8381796.6180400.0774160.9075151.0976975.0578559.2284360.81外汇！Foreignexchange337.24337.24337.24337.24337.24337.24货币黄金Monetary gold892.50889.301074.59其他国外资产Other foreign assets890.761061.231059.302862.462862.462862.462862.462856.412856.41对政府债权Claims on government其中：中央政府2856.41Of which: Central2862.462862.462862.462862.462856.41government6942.976941.006920.456682.866584.296516.71对其他存款性公司债权Claims onother depository corporations20118.5121538.4921949.75对其他金融性公司债权Claims on19017.2620080.7320858.90otherfinancialcorporations66.4466.4466.4466.4066.4066.34对非金融性公司债权Claimsonnon-financial corporations11601.0711607.9411461.5411464.2511412.84其他资产Other assets11604.76总资产TOTALASSETS115879.10117974.00119739.61121889.85124306.45128574.6962615.6664200.4965232.4468849.7177757.83储备货币66187.10Reserve money27542.26货币发行25692.0526173.7228008.4227012.3029138.70Currency issue36741.1137965.5748459.26金融性公司存款Deposit37832.0237985.4641033.00offinancial corporations36605.4337679.2337856.6337846.3140884.3048223.90其他存款性公司Otherdepositorycorporations235.36其他金融性公司135.68152.79128.83119.26148.70Otherfinancial corporations274.45非金融性公司存款182.50194.75193.22254.57159.87ofDepositsnon-financialcorporations活期存款182.50194.75193.22254.57274.45159.87Demanddeposits发行债券Bond issue29770.6229436.1130297.9931054.8930566.2129740.58国外负债715.97715.92715.77899.84914.60926.33Foreign liabilities政府存款14064.8014471.9414226.9416285.4015781.09Depositsof10210.65government自有资金219.75219.75219.75219.75219.75219.75Own capital其他负债8492.308929.798092.068197.537975.099719.55Other liabilities

Case study: 案例分析 中央银行资产负债表及货币供应量分析 阅读：我国货币当局的资产负债表(balance sheet)以及货币供应量表 （money supply）（2006.7-2006.12,单位：亿元人民币）。 报表项目 Items 2006.07 2006.08 2006.09 2006.10 2006.11 2006.12 国外资产 Foreign assets 75388.90 76380.83 78201.59 79957.69 81796.61 85772.64 外汇 Foreign exchange 74160.90 75151.09 76975.05 78559.22 80400.07 84360.81 货币黄金 Monetary gold 337.24 337.24 337.24 337.24 337.24 337.24 其他国外资产 Other foreign assets 890.76 892.50 889.30 1061.23 1059.30 1074.59 对政府债权 Claims on government 2862.46 2862.46 2862.46 2862.46 2856.41 2856.41 其中：中央政府 Of which: Central government 2862.46 2862.46 2862.46 2862.46 2856.41 2856.41 对其他存款性公司债权 Claims on other depository corporations 6942.97 6941.00 6920.45 6682.86 6584.29 6516.71 对其他金融性公司债权 Claims on other financial corporations 19017.26 20118.51 20080.73 20858.90 21538.49 21949.75 对非金融性 公司债 权 Claims on non-financial corporations 66.44 66.44 66.44 66.40 66.40 66.34 其他资产 Other assets 11601.07 11604.76 11607.94 11461.54 11464.25 11412.84 总资产 TOTAL ASSETS 115879.10 117974.00 119739.61 121889.85 124306.45 128574.69 储备货币 Reserve money 62615.66 64200.49 66187.10 65232.44 68849.71 77757.83 货币发行 Currency issue 25692.05 26173.72 28008.42 27012.30 27542.26 29138.70 金 融 性 公 司 存 款 Deposit of financial corporations 36741.11 37832.02 37985.46 37965.57 41033.00 48459.26 其他存款性公司 Other depository corporations 36605.43 37679.23 37856.63 37846.31 40884.30 48223.90 其他金融性公司 Other financial corporations 135.68 152.79 128.83 119.26 148.70 235.36 非金融性公司存款 Deposits of non-financial corporations 182.50 194.75 193.22 254.57 274.45 159.87 活期存款 Demand deposits 182.50 194.75 193.22 254.57 274.45 159.87 发行债券 Bond issue 29770.62 29436.11 30297.99 31054.89 30566.21 29740.58 国外负债 Foreign liabilities 715.97 715.92 715.77 899.84 914.60 926.33 政府存款 Deposits of government 14064.80 14471.94 14226.94 16285.40 15781.09 10210.65 自有资金 Own capital 219.75 219.75 219.75 219.75 219.75 219.75 其他负债 Other liabilities 8492.30 8929.79 8092.06 8197.53 7975.09 9719.55

项目Item2006.072006.082006.092006.102006.112006.12货币和准货币（M2）Money&324010.76327885.67331865.36332747.17337504.15345577.91Quasi-money112653.04114845.67116814.10118359.96121644.95126028.05货币（M1）流通中现金（MO）23752.5924185.3625687.3824964.1625527.2527072.62分析间题（QuestionsandProblems）：(1)Accordingtothetwostatements,whichisthelargestmeasureamongM1M2Moand which is composed of themost liquid assets?(2) In recent half year, the growth rate among M1 M2 Mo is similar? What implications dotheir growth rates have for the conduct of monetary policy?(3)Calculatethequantityofmonetarybaseintherecenthalfyear,whatthevolitionofmoneycirculationinChina?CalculatethemoneymultiplierforM1andM2(4) Explain the relation between money supply and foreign assets held by monetaryauthority

项目 I t em 2 0 06.07 2 0 06.08 2 0 06.09 2 0 06.10 2 0 06.11 2 0 06.12 货币和准货币（M2） Money & 324010.76 327885.67 331865.36 332747.17 337504.15 345577.91 Quasi-money 货币（M1） 112653.04 114845.67 116814.10 118359.96 121644.95 126028.05 流通中现金（M0） 23752.59 24185.36 25687.38 24964.16 25527.25 27072.62 分析问题（Questions and Problems）: (1) According to the two statements, which is the largest measure among M1 M2 M0, and which is composed of the most liquid assets? (2) In recent half year, the growth rate among M1 M2 M0 is similar? What implications do their growth rates have for the conduct of monetary policy? (3) Calculate the quantity of monetary base in the recent half year, what the volition of money circulation in China? Calculate the money multiplier for M1 and M2. (4) Explain the relation between money supply and foreign assets held by monetary authority