论我国货币供求变化对货币政策的影响  

On the effect of money supply and demand on monetary policy in China

作　　者：李晓岩[1] 

机构地区：[1]中央财经大学

出　　处：《中央财经大学学报》2000年第7期51-55,共5页Journal of Central University of Finance & Economics

摘　　要：本文认为我国货币政策效力下降的原因在于 :货币供给扩张受到限制和货币流通速度降低。商业银行和企业行为的变化增强了货币供给的内生性 ,降低了中央银行对货币供给的影响力 ;由于“流动性陷阱”导致了货币流通速度降低 ,使货币供给增加不能相应提高总需求。通过建立一个现代的凯恩斯货币需求的模型 ,重新分析了“流动性陷阱”。This paper attributes decreasing of monetary policy power in China to money supply being limited and money circulation velocity being reduced.Changes of commercial banks' and enterprises' behavior strengthen interiority of money supply and decrease effect of the center bank on money supply; because‘liquidity trap’ decreases money circulation velocity, increasing money supply cannot raise aggregate demand. Through building up a modern Keynes' model on money demand, this paper reanalyzes ‘liquidity trap’.

关 键 词：货币供求 货币政策 流动性陷阱 中国 影响 

分 类 号：F822.0[经济管理—财政学]