北京大學(xué)光華管理學(xué)院-金融技術(shù)、經(jīng)濟增長與文化(3)-全文預(yù)覽
【正文】 rtant manufacturing pany to go “public”:249。終于接受了 “賽先生 ”l但是， 金融技術(shù) 呢？2Yale School of Management以 “貨幣 ”創(chuàng)新為例3Yale School of Management4Yale School of Management貨幣金融創(chuàng)新的作用l大大加快市場交易速度：生產(chǎn)力直線上升l促進專業(yè)分工的空前細化：l使 “向錢看 ”有了基礎(chǔ)5Yale School of Management但是，l以往，我們只注意到貨幣創(chuàng)新的意義。 123 investors in 1850lWhen perhaps the largest corp., NY Central Railroad, was formed in 1853, it had 2445 investors.12Yale School of ManagementBrief History of NewspaperslIn Englishspeaking world, The Weekly News of 1622 was probably the first.lIn America, the first was Publick Occurrences in 1690. The first successful newspaper was the Boston NewsLetter in 1704. By 1783, there were 43 newspapers. By 1814, the number: 346lBy 1880, there were 11,314 newspaperslThe first business and marketsdedicated newspaper, The Wall Street Journal, did not occur until 1889.13Yale School of Management不同股市上的股價互動稱度波蘭中國一周中，多少股票往同一方向走？14Yale School of Management新聞自由與一國股市的股價互動程度媒體言論保護最差國家媒體言論保護中等的國家媒體言論保護最好的國家多少股票往同一方向走？15Yale School of ManagementChart 4: Press Freedom and Stock Market DevelopmentBased on 1972 press freedom ratings, 57 countries are divided into three equal groups. The median ratio between stock market capitalization and GDP is reported for each country group.Stock Market Capitalization to GDP Ratio16Yale School of ManagementIndeed, crosscountry data support the dependence of Service Sector De
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