影响我国货币供应量的因素及其分析

Influential Factors in China's Money Supply and Their Analysis

在我国居民消费价格指数不断攀升的背景下,通过相关文献发现,货币供应量的规模直接影响物价水平。同时,货币供应量又受到多方面因素的影响。选取信贷规模、国际储备、政府收支、准备金率等因素进行理论分析并对其作简单的实证分析,从而提出调控货币供应量的合理化政策建议:一是合理控制信贷功能;二是合理控制国际储备规模;三是为调整存款准备金政策创造公平竞争环境;四是合理有效调整存贷款利差和贷款利率水平。

Against the background of China＇s rising CPI, it is found that the scale of money supply directly affects price level after related literature is studied. Meanwhile, money supply is subject to multiple factors. By conducting a theoretical analysis and simple empirical analysis on credit quota, international reserves, government revenues mad expenditures, reserve ratio and other factors, the paper sets forth four rational suggestions to regulate money supply, namely, functions of credit should be controlled properly; the scale of international reserves should be managed rationally; a fair and competitive environment should be created for regulating deposit reserve policies, and, interest margin between deposit and loan as well as loan interest rate should be rea- sonably and effectively adiusted.