The Theory of Money Supply的意思|示意

According to the theory of money supply endogeneity, this article criticizes the theory of money multiplier, considering what so called money multiplier is just a kind of illusion.

基于货币供给内生理论，本文首先对货币乘数理论进行了批判，认为所谓货币乘数只是一种幻觉。

Monetary theory teaches that inflation is caused not only by an increase in the supply of money, but also by an increase in the supply of money that overwhelms demand.

货币理论告诉我们通货膨胀不是单纯地源于货币供给的增加，准确地说，是源于货币供应超过其需求。

A theory holding that economic variations within a given system, such as changing rates of inflation, are most often caused by increases or decreases in the money supply.

一种认为在某一特定系统内的经济变动，如通货膨胀率的变动，主要是由货币供应量的增减引起的理论。

That money supply is exogenous or endogenous has been one of the focuses that the theory circle has disputed all the time.

货币供给的外生性与内生性一直是理论界争论的焦点之一。

The theory of endogenous money supply points out that the money demand of the public could affect directly the money supply of the central bank.

货币内生性理论指出公众的货币需求会直接影响中央银行的货币供给。

Moreover, Chapter Three analyzes the effects of the foreign reserve on the money supply empirically through the cointegration theory and vector autoregression model.

第三章利用协整理论与向量自回归模型，从实证上分析了外汇储备对我国货币供给的影响。