全球流动性扩张的通货膨胀效应研究被引量：24

Global Liquidity Expansion and the Domestic Inflation:Empirical Evidence

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摘要近些年来,全球流动性扩张问题颇受宏观经济与金融研究者们的广泛关注。本文选取了33个国家或地区从1980年第一季度到2009年第四季度的相关经济和金融方面数据,在经济数据处理的基础上利用相关统计方法对全球流动性进行了测量。在Philips曲线基准模型框架下,本文考察了全球流动性扩张的通货膨胀效应。最后,结合实证研究结果本文给出了相关研究结论和启示。 Recently global liquidity expansion has become a hot issue among the macroeconomic and financial researchers.This paper uses the quarterly data of 33 countries or regions over the period 1980~2009,then measures the condition of global liquidity based on the sample.Under the benchmark model of Philips curve,this paper tests the explanatory power of global liquidity expansion on domestic inflation.Finally,this paper gives some policy implications based on the empirical findings.

作者张天顶李洁

机构地区武汉大学经济与管理学院武汉大学WTO学院

出处《国际金融研究》 CSSCI 北大核心 2011年第3期18-28,共11页 Studies of International Finance

基金教育部人文社会科学研究项目基金“通货紧缩的风险测量以及应对政策研究”(09YJC790202) “全球经常项目失衡与国际金融危机”(09YJC790201)资助国家自然科学基金“金融市场发展与经常项目失衡(批准号:71003075)资助

关键词全球流动性通货膨胀实证研究 Global Liquidity Inflation Empirical Research

分类号 F831 [经济管理—金融学]

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