我国货币中性问题实证分析

Quantitative Analysis of the Monetary Neutrality

运用合理预期下的货币中性假设模型对我国货币中性问题进行了实证分析,认为不论是预期的货币供给冲击,还是非预期的货币供给冲击,对产出的影响基本上都是显著的。因此,货币供给在推动我国的经济运行中起着关键性的作用,而且利用预期的货币政策调控经济运行得到了实证经验的支持。

This paper studys the Monetary Neutrality of our country with quantitative analysis. It is found that whether or not the money supply is expected, it has significant effect on real output. So the money supply also has critical function on economy of our country.