河北工业科技2017，Vol.34Issue(5)：311-316,6.DOI:10.7535/hbgykj.2017yx05001
货币供给量与影子银行、通货膨胀的关系——基于可变参数状态空间模型的实证检验
Relationship among money supply, shadow banking and inflation:Based on variable parameter state space model
朱方圆1
作者信息
- 1. 辽宁大学经济学院,辽宁沈阳 110036;渤海大学经法学院,辽宁锦州 121013
- 折叠
摘要
Abstract
To improve the operability of monetary policy and provide a more clear direction for monetary policy,the methods of stationarity test,cointegration relationship test and Granger causality test are used to study the dynamic change relationship among money supply,shadow banking and inflation based on variable parameter state space model,and the elastic coefficient is determined.The research shows that the inflation elastic coefficient of money supply has an obvious downward trend,and the effect of inflation on money supply gradually decreases.The shadow banking elastic coefficient of money supply is on the rise,and the influence of shadow banking gradually increases.The study on the relationship among shadow banking,money supply and inflation is beneficial to strengthen the regulation of the shadow banking and the effective implementation of monetary policy.关键词
金融市场/影子银行/通货膨胀/货币供给量/信用创造Key words
financial market/shadow banking/inflation/money supply/credit creation分类
管理科学引用本文复制引用
朱方圆..货币供给量与影子银行、通货膨胀的关系——基于可变参数状态空间模型的实证检验[J].河北工业科技,2017,34(5):311-316,6.
