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货币供应量与美元汇率之间的关系 被引量:3

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摘要 本文在货币供应过程框架下,通过对货币乘数公式的推导,明确了基础货币、美元钞票发行和货币供应的关系,并结合当前的次贷危机讨论了美元钞票发行在货币供应过程中的被动作用。本文用2000年以来的相关变量的周数据,采用格兰杰因果检验法判断变量之间的因果关系。结果表明,美元汇率的变化跟基础货币和美元投放量没有直接的联系,从而印证了相应的理论分析。
出处 《经济学动态》 CSSCI 北大核心 2010年第10期132-136,共5页 Economic Perspectives
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  • 1王应贵,闫海峰.改革开放以来我国对美证券投资策略评析[J].经济学动态,2009(5):71-74. 被引量:3
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  • 1http://www.federalreserve.gov/releases,

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