我国外汇储备增长影响物价水平的理论与实证研究

A theoretic and Empirical Study on the Influence of Foreign Reserve Growth on Prices Level

外汇储备快速增长与物价水平上升已成为我国经济运行中的两个突出问题。基于中央银行的资产负债表和货币数量理论,对外汇储备增长对物价水平的影响进行理论分析,重点结合我国的实际,分别从短期和长期两方面对外汇储备对我国物价水平的影响进行了实证检验。

The rapid growth of foreign reserve and rise of prices level have become two outstanding problems in Chinese economy. Given the central bank balance sheet statement and money quantity theories, a theoretic analysis is made on the influence of foreign reserve on prices level, and, combining the Chinese reality , an empirical test is made on the influence of foreign reserve on prices level from the short run and the long run.