摘要
本文首先阐述了广义价格指数的理论框架,其次介绍了广义价格指数的DFI和DEPI构建方法并尝试构建了中国的月度广义价格指数,再次使用构建结果进行了实证分析,最后给出了主要结论,相对于CPI而言,广义价格指数具有一定理论优势和操作优势,可以作为货币政策的最终目标或监测指标。
This paper firstly elaborates broad price index from the angle of budget constraint and arbitrage, seeondly introduces the construct method of DFI and DEPI of broad price index, attempts to build the monthly DFI and DEPI in China and makes an empirical research by the constructed result. The main conclusions are finally given that monetary policy can take broad price index as monitoring variable, if not final target, which is compared with CPI.
出处
《金融理论与实践》
北大核心
2010年第5期11-16,共6页
Financial Theory and Practice
