摘要
本文首先介绍了中外学者关于外汇储备对货币供应量与物价水平影响的不同观点;然后,基于中央银行的资产负债表和货币数量理论,对外汇储备增长对货币供应量对物价水平的影响进行了理论分析;最后,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货币供应量与物价水平的影响进行了实证检验。
In this paper, we first introduce different ideas of scholars at home and abroad about the influence of foreign exchange reserves on currency supply and price level. Then we analyze theoretically how the increasing foreign exchange reserves influence price level based on central bank's balance sheet and quantitative monetary theory. Finally, integrating with our country's practice, we prove empirically how our country's foreign exchange reserves influences price level and currency supply in short run and long run.
出处
《上海金融学院学报》
2008年第2期13-19,共7页
Journal of Shanhai Finance University
关键词
外汇储备
物价水平
货币供应量
foreign exchange reserves
price level
currency supply