【摘要】 认为流动性的总量是包涵各种金融资产名义数量和流动系数两个维度的综合体,论证了满足流动性偏好是一个金融资产配置问题,流动性状况的变动会影响金融资产结构,金融资产结构也可以作为衡量流动性的间接指标。通过构建回归、VAR、脉冲响应模型,实证得出:我国货币财富在金融财富中的比重与CPI具有稳定的计量关系,前者对后者有负向影响,最后提出了关于监测和调控流动性的相关对策建议。更多还原

【Abstract】 This paper argues that liquidity totality is a systhesis of the nominal quantity of various financal assets and liquidity coefficient.It contends that to satisfy the liquidity inclination is about assets allocation,since the alteration of liquidity will affect the structure of financial asset which is also an indirect index to measure the liquidity.An empirical analysis through constructing models of recurrence,VAR,and impulse response demonstrates that there exists a stable measurement relationship between monetary wealth and CPI in China,the former having a negative impact on the latter.Methods of measuring and controling liquidity are advanced in the end.更多还原