Comparative Research On Changes Of Monetary Aggregates About The Main Countries Or Regions In The World

Since the 1960s, Monetarism has won the world's growing recognition. More and more countries have begun the money supply statistics. However, due to national economic development, the structure of financial markets and financial instruments vary greatly. Manual on Monetary and Financial Statistics provide a conceptual framework and basic methods. It is the important documents that guide the money supply statistics.The chapter is structured as follows:Chapter one is the preamble of this paper. Chapter two is the theoretical basis. Based on the definition of money, this chapter conducted some in-depth discussions on the money supply statistics perspective. Chapter three carry out the international comparisons of the change about the money supply statistics. We chose the United States, Britain and Europe as the focus of analysis, especially the United States. Chapter four conducts empirical analysis about the changes of the national monetary aggregates. Chapter five is the conclusions.The main contributions:This paper provides a three-dimensional analysis of the changes of national monetary aggregates. By comparison, it captures the impact of monetary aggregates adjustment from the fundamental economic and financial factors. This paper use Logistic regression models to find out the relationship between financial innovation and the changes of monetary aggregates. It provided a better empirical test results and experience to support.