扩大货币供应量的途径分析(国外英文资料).docVIP

扩大货币供应量的途径分析(国外英文资料) Analysis of ways to enlarge the money supply Abstract: to solve the problem of insufficient aggregate demand, it is not enough to rely solely on active fiscal policy, and it is necessary to make monetary policy play More important role is to expand the money supply. There are only two ways to expand the money supply: One is to increase the base money, two is to raise the money multiplier, and at the same time to increase the pace of the financial system reform. Key words: money supply; basic money; monetary multiplier; approach Since 1999, the central government has implemented a proactive fiscal policy to maintain steady growth in the macroeconomy However, the relative insufficiency of aggregate demand has not yet been effectively solved While the policy is positive, it is necessary to make monetary policy play a more important role and give full play to monetary policy The role of economic growth. As far as monetary policy is concerned, an important indicator is the money supply, Recently, some experts and scholars called for the expansion of the money supply in 2000, so that the money supply Volume growth is maintained at a high level, thereby providing protection for economic growth. Then, the way to expand the money supply Wheres the path? What measures should be taken? I. determinants and analysis of money supply In the modern monetary and banking system, the money supply depends on the accumulation of the base money and the money multiplier, Only when we make a detailed study of the base money and money multiplier can we accurately grasp the trend of the money supply. 1. determinants of monetary base and empirical analysis The theory of money and banking shows that the base money consists of the cash in circulation and the sum of the reserve of the commercial bank, It is the basis for creating money supply. As a result of our countrys special national conditions, the central banks base currency also includes non - Deposits in the financia