国内外货币需求实证研究综述  

Empirical Studies of Money Demand at Home and Abroad

作　　者：李金垒[1] 靳军会[2] 

机构地区：[1]中央民族大学经济学院,北京100081 [2]西安交通大学经济与金融学院,陕西西安710061

出　　处：《吉林省经济管理干部学院学报》2009年第3期46-51,共6页Journal of Jilin Province Economic Management Cadre College

摘　　要：货币政策有效性是国内外经济理论界关注的热点问题,而对货币需求量的较准确估计又是货币政策能够有效的重要前提,因此,学术界对货币需求问题进行了大量的实证研究。按照传统计量分析方法-回归分析方法和现代计量分析方法-协整和误差修正模型两种计量方法分类的框架,结合货币需求影响因素的不同,阐释了总财富、国内利率和通货膨胀、股票市场、经济预期、制度和经济变革对货币需求的影响,对国内外实证研究进行了评述,但从研究成果来看,我国货币需求实证研究尚有一些问题需要进一步深入探讨。The effectiveness of monetary policy is the hot issue concerned by domestic and international economic theorists. The more accurate estimate of the Monetary demand is an important prerequisite for the effectiveness of monetary policy, therefore, the academic community has done a great deal of empirical research on the currency needs. According to the two classification framework for the measurement methods, i.e., traditional methods of quantitative analysis - the use of regression analysis methods and use of modern methods of quantitative analysis - co-integration and Error Correction Model, this paper analyzes the impact ofthe total wealth, domestic interest rates and inflation, the stock market, the economy expectation, institutional and economic changes on the money demand, carries out a review of empirical research at home and abroad, combined with the different factors of monetary needs .But from the research results, a number of issues require further in-depth manner in the empirical studies of money demand in China.

关 键 词：货币需求 回归分析 协整和误差修正模型 

分 类 号：F820[经济管理—财政学]