货币流通速度修正及其影响因素研究——基于VEC的实证分析  

Research on Correction of Velocity of Money and Influencing Factors: Based on Empirical Analysis of VEC

作　　者：侯英[1] 陈家宁[1] 

机构地区：[1]中国人民银行大连市中心支行,辽宁大连116001

出　　处：《金融理论与实践》2012年第2期107-111,共5页Financial Theory and Practice

摘　　要：在借鉴国外研究成果的基础上,首先构造了基本符合我国实际的货币流通速度模型。然后将该货币流通速度作为外生变量,运用向量误差修正模型(VEC)对货币流通速度影响因素进行了实证分析,发现货币流通速度与宏观经济变量之间存在密切关系。通过掌握已知宏观经济变量可以对货币流通速度进行预测,进而更好地指导宏观货币政策的实施。On the base of using the overseas research results for reference, this paper constructed the model of velocity of money related the accords with actual of China. And then this paper took the velocity of money as exogenous variable and made the empirical analysis on effect element of velocity of money by using the VECM, discovered the closed relationships between the velocity of money and macroeconomic variables. By controlling the known macroeconomic variables, we can make a prediction on velocity of money for better guiding the implementation of macro-monetary policy.

关 键 词：货币供应量 货币流通速度 宏观经济变量 宏观货币政策 

分 类 号：F822.2[经济管理—财政学]