The Quantity Theory of Money and the Theory of Credit Creation have been the major streams in the study of the quantity of money.Nowadays,monetary theory is dominated by the Quantity Theory of Money because the Moneta...The Quantity Theory of Money and the Theory of Credit Creation have been the major streams in the study of the quantity of money.Nowadays,monetary theory is dominated by the Quantity Theory of Money because the Monetarist School and the Rational Expectation School are both the advocates of the Quantity Theory of Money,which has resulted in a sharp decrease of scholars studying the Theory of Credit Creation.Nevertheless,the two theories will ultimately converge.Given that reason,we propose a new theory-Dynamic Quantity Theory of Money in this paper,by which the unification of the Quantity Theory of Money and the Theory of Credit Creation can be achieved.Based on the Dynamic Quantity Theory of Money,we further put forward the Theory of Money Operation Cycle,the Theory of Monetary Compensation and Theory of Investment Compensation targeting economic crises,expound why Quantitative Easing monetary policy fails and why Quantitative Easing does not cause inflation in the short term under the premise of these theories,and demonstrate the necessity of fiscal investment for rescuing economic crisis from the perspective of theories of money.展开更多
This paper proposes a 12-bit,40-Ms/s pipelined analog-to-digital converter（ADC） with an improved high-gain and wide-bandwidth operational amplifier（opamp）.Based on the architecture of the proposed ADC,the non-idea...This paper proposes a 12-bit,40-Ms/s pipelined analog-to-digital converter（ADC） with an improved high-gain and wide-bandwidth operational amplifier（opamp）.Based on the architecture of the proposed ADC,the non-ideal factors of opamps are first analyzed,which have the significant impact on the ADC＇s resolution.Then,the compensation techniques of the ADC＇s opamp are presented to restrain the negative effect introduced by the gainboosting technique and switched-capacitor common-mode-feedback structure.After analysis and optimization,the ADC implemented in a 0.35μm standard CMOS process shows a maximum signal-to-noise distortion ratio of 60.5 dB and a spurious-free dynamic range of 74.5 dB,respectively,at a 40 MHz sample clock with over 2 Vpp input range.展开更多
文摘The Quantity Theory of Money and the Theory of Credit Creation have been the major streams in the study of the quantity of money.Nowadays,monetary theory is dominated by the Quantity Theory of Money because the Monetarist School and the Rational Expectation School are both the advocates of the Quantity Theory of Money,which has resulted in a sharp decrease of scholars studying the Theory of Credit Creation.Nevertheless,the two theories will ultimately converge.Given that reason,we propose a new theory-Dynamic Quantity Theory of Money in this paper,by which the unification of the Quantity Theory of Money and the Theory of Credit Creation can be achieved.Based on the Dynamic Quantity Theory of Money,we further put forward the Theory of Money Operation Cycle,the Theory of Monetary Compensation and Theory of Investment Compensation targeting economic crises,expound why Quantitative Easing monetary policy fails and why Quantitative Easing does not cause inflation in the short term under the premise of these theories,and demonstrate the necessity of fiscal investment for rescuing economic crisis from the perspective of theories of money.
基金Project supported by the National Natural Science Foundation of China(No.61106025)
文摘This paper proposes a 12-bit,40-Ms/s pipelined analog-to-digital converter（ADC） with an improved high-gain and wide-bandwidth operational amplifier（opamp）.Based on the architecture of the proposed ADC,the non-ideal factors of opamps are first analyzed,which have the significant impact on the ADC＇s resolution.Then,the compensation techniques of the ADC＇s opamp are presented to restrain the negative effect introduced by the gainboosting technique and switched-capacitor common-mode-feedback structure.After analysis and optimization,the ADC implemented in a 0.35μm standard CMOS process shows a maximum signal-to-noise distortion ratio of 60.5 dB and a spurious-free dynamic range of 74.5 dB,respectively,at a 40 MHz sample clock with over 2 Vpp input range.
