摘要
文章通过建立误差修正模型(ECM)模型,研究考察期内名义货币增长率对实际产出的短期与长期影响,结果表明在中国无论短期还是长期,货币超中性均不存在,名义货币增长率的变化对实际产出存在确实无疑的正向影响,但与其他因素(消费、投资等等)对产出的影响而言相对较弱。
this paper intends to study the short -term ＆ long- term impact to the real output from nominal money growth rate with Error Corrected Model. The result denied the super - neutrality of money, whatever the case maybe, in short - term or long - term in China. The change of the nominal money growth rate had certain impact on real output, which, however, is a little weaker than that of other factors, including consumption, investment and so on.
出处
《兰州学刊》
CSSCI
2010年第5期27-30,共4页
基金
教育部人文社科重点研究基地2006年度重大研究项目"信用扩张与宏观经济波动"的支持
批准号为06JJD790034
关键词
货币超中性
自回归分布滞后模型
协整
误差修正模型
super - neutrality of money
autoregressive distributed Lag model
co - integration
error correction model
