History of the modern world economic development is the history of the development of financial Financial institutions, financial markets, financial products and other financial factors in the economy increasingly occupy an important position.
It is very important for us to learn and use these modern credit risk models and it will benefit a lot for Chinese financial stability and healthy development.
A dynamic model of money supply system consisting of the public,commercial bank and central bank is proposed。The stability criterion of the money supply system and the optimal scale of the monetary policy are deduced by using the theory of money supply and economic control under the condition of financial reform in China.
This paper presents emphatically the regulation and control of money supply with monetary policy tools. on the basis of quantitative analysis of the relationship between monetary policy tools,intermediate aggregates and ultimate targets,a large-scale dynarnical macro-control system of monetary policy is well established by considering the combination of the conduction mechanism of China's monetary policy and presents economic and financial regimes. The optimal control algorithm of this system is constructed...
The model of the relationship between financial development and employ ment states that: financial development has positive impetuses to employment; di fferent financial indexes have different relationship with the employment; finan cial reform and technological progress contribute the highest impetuses to emplo yment. In China, impetuses to employment from financial development is limited. To accelerate the financial reform, especially the reform of financial system, w ill be help for the improvement of e...