财富贮藏、货币需求和“流动性过剩”内生机制  

Wealth Storage, Money Demand and Excess Liquidity Endogenous Mechanism

作　　者：项银涛[1] 

机构地区：[1]中央财经大学,北京10081

出　　处：《区域金融研究》2009年第10期22-27,共6页Journal of Regional Financial Research

摘　　要：本文首先分析货币的财富贮藏职能,进而按照经济属性将全社会货币需求划分为三个部分:实体经济货币需求、虚拟经济货币需求和财富贮藏货币需求,并对实体经济的货币必要量进行计量分析。计量分析表明,实体经济货币需求存在一定稳定性,而全社会货币供应超过实体经济货币需求,因而经济运行内生流动性过剩机制。Through the analysis of the money＇ s wealth storage function, this article divides the whole society＇ s money demand into three parts： real economy money demand, virtual economy money demand and wealth storage money demand based on their attributes. Then, this article analyzes the necessary amount of money needed by the real economy. The quantitative analysis result shows that the real economy money demand keeps some kind of stability, and that the whole money demand exceeds the real economy money demand. Therefore, the economy operation encompasses the excess liquidity endogenous mechanism.

关 键 词：流动性过剩 财富贮藏 货币需求 

分 类 号：F820[经济管理—财政学]