摘要
本文利用结构突变理论,对我国狭义、广义货币流通速度的数据生成过程进行了实证研究,结果表明:改革开放以来,我国狭义、广义货币流通速度服从于单位根过程,数据生成过程并未发生结构突变,因而基本保持了持续下降的"稳定态势"。
This paper applies the theory of structural change to make an empirical research of the data generating process of narrow and broad monetary velocity of China. Empirical results show that narrow and broad monetary velocity of China follows the unit root process and their data generating process doesn＇t have a structural change since the reform and opening and consequently China＇s monetary velocity maintains basically the stable trend of sustainable decline.
出处
《技术经济与管理研究》
2007年第4期31-34,共4页
Journal of Technical Economics & Management
关键词
货币流通速度
长期趋势
结构突变
数据生成过程
稳定
Monetary velocity
long- term trend
structural change
data generating process
stable
