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Empirical analysis on the relationship between China's money supply and inflation based on VAR model(PDF)

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2010年03期
Page:
72-76，81
Research Field:
经济与管理
Publishing date:
2010-09-20

Info

Title:
Empirical analysis on the relationship between China's money supply and inflation based on VAR model
Author(s):
MA Xue-bin;  ZHU Dong-yang
School of Economics, Lanzhou University, Lanzhou 730000, Gansu, China
Keywords:
financial crisis;  money supply;  inflation;  VAR model
PACS:
F822
DOI:
-
Abstract:
In order to ease the impact of the USA financial crisis on China's real economy, this paper uses the VAR model to conduct empirical analysis on the relationship between China's money supply and inflation. The analysis finds that there is a stability relationship between them, and the change in money supply is the cause for inflation, and its effective impact period on inflation will last for nine quarters. The authors find that China's inflation remains a monetary phenomenon, and the money policies have the final influence on the level of prices.

References:

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Memo

Memo:
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Last Update: 2010-09-20