我国巨额外汇储备的通货膨胀效应实证研究
n Empirical Study on the inflation effects of China\\\\\\\
近年来，我国外汇储备的规模迅猛增长，截至2008年5月，已高达18003亿美元，远超日本成为全球持有外汇储备最多的国家。为研究我国外汇储备增加的通货膨胀效应，本文以央行资产负债表的分析与货币数量论为理论基础，通过对2000年1月至2008年5月的统计数据进行Granger因果检验与协整分析，发现2000年后我国外汇储备的增加具有的通货膨胀效应，但长短期内这种效应均比较弱。
Our country’s foreign exchange reserve has been a great growth in recent years, which reached 1800.3 billion US dollars up to may,2008 and has already all over the world holding most foreign exchange reserve with surpassing Japan. In order to study the inflation effects of the foreign exchange reserve, this paper try to use Granger causal analysis and co-integration analysis methods by analysis the data between january,2000 and may,2008 to study their relations based on the central bank’s balance sheet and monetary amount theory. we found that the foreign exchange reserve has effects on inflation but the short and long effects are weak.
赵小娟
财政、金融
外汇储备货币供应通货膨胀Granger因果检验协整分析
the foreign exchange reservemonetary supplyinflationGranger causality testo-integration
赵小娟.我国巨额外汇储备的通货膨胀效应实证研究[EB/OL].(2008-07-14)[2025-08-10].http://www.paper.edu.cn/releasepaper/content/200807-272.点此复制
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