摘要
存差近些年来成为业界探讨的热点,而其形成机制问题则更是争论的焦点。以存差的形成机制为基础,并且从现代金融运行特点入手来进行分析,很容易得出存差在性质和数量上就是基础货币投放的结论。因此,通过基础货币的投放渠道事实上就可以分析出造成大额存差的因素。此外,从实证角度进行的分析证明了外汇占款与上期存差额是解释当期存差的重要原因,从而揭示出当前巨额存差的形成原因。因此,应改变出口导向的产业结构,将拉动国民经济增长的因素从投资转向消费。
The gap between deposits and loans is a hotly debated issue in the circle of finance with the focus on its formation mechanism. Starting with this and the operational characteristics of modern finance we can easily draw the conclusion that the gap is in essence and quantity base money issued. Therefore factors causing the gap can be obtained by looking into the issuance channels of base money. In addition it is empirically proven that foreign exchange and the gap in the previous period are important reasons for the gap in the current period. For this reason we should change the export-oriented industrial structure and shift the driving force of economic growth from investment to consumption.
出处
《贵州财经学院学报》
2007年第6期47-52,共6页
Journal of Guizhou College of Finance and Economics
关键词
存差
流动性
基础货币
国外净资产
gap between deposits and loans
liquidity
base money
net foreign assets
