我国超额货币供给现象的影响因素分析  

On Factors of Chinas' Excess Monetary Supply

作　　者：陈虎城[1] 

机构地区：[1]暨南大学经济学院,广东广州510632

出　　处：《南方金融》2010年第11期47-49,7,共4页South China Finance

摘　　要：我国超额货币供给现象源于基础货币快速增长和货币乘数不断攀升的综合作用,外汇占款增长引发基础货币被动投放和商业银行信贷持续扩张,进一步加剧了超额货币供给。缓解超额货币供给现象,需要稳步推进汇率形成机制改革,减轻外汇占款对基础货币投放的压力;大力发展资本市场,降低企业融资对银行信贷的依存度;积极推进跨境贸易人民币结算,支持企业加快"走出去"步伐。Excess money supply originates from rapid growth of base money and money multiplier.And it is exacerbated by the passive injection of base money and continuous credit expansion of commercial banks which was resulted from the RMB counterpart of foreign exchange reserves.More efforts should be made to mitigate excess money supply including steadily promoting reform of foreign exchange formation mechanism to ease pressures on base money form foreign exchange reserves growth,earnestly developing capital market to decrease enterprises’reliance on banks,positively enhancing the Going Global strategy and accelerating regionalization and internationalization of the RMB.

关 键 词：超额货币供给 基础货币 货币乘数 

分 类 号：F822.2[经济管理—财政学]