Dissertation > Excellent graduate degree dissertation topics show

Theoretical and Empirical Analysis of China 's money supply endogeneity

Author: TianHua
Tutor: JiaZhiYong
School: Southwest Jiaotong University
Course: Industrial Economics
Keywords: Money supply Endogeneity Monetary base Money multiplier Granger Causality Testing
CLC: F822
Type: Master's thesis
Year: 2005
Downloads: 315
Quote: 4
Read: Download Dissertation

Abstract


The endogeneity of money supply is considered by post-Keynesian economists as main thesis of monetary economics. It claims that the quantity of money supply is determined by economic participants for the purpose of facilitating their economic activities, while central bank cannot determine the quantity of money at all. An exploration of the endogeneity of money supply is of great significance to selecting properly monetary aggregates and understanding the mechanism of money supply in Chinese economy and formulating effective monetary policy.What makes the monetary policies fail is the endogeneity of monetary supply, that is, the central bank cannot apply much control upon monetary stock in an economic system. In this paper, On the basis of a simple comparison between the two kinds of theories in money supply, we first retrospect the theories of monetary endogeneity, and then analyzes the influences of the behavior of such micro-economic subjects as enterprise, commercial bank and inhabitant on money supply. Then an empirical analysis of money supply is made from the perspectives of the quantity of money supply, monetary base and money multiplier to demonstrate the endogeneity of money supply. And, we use VAR model to test our hypothesis, and find that the result favor our conclusion firmly. In the end , it illustrates the impact of economic globalization on money supply and forwards some suggestions on improving our monetary policy.

Related Dissertations

  1. Board of Directors endogenous perspective of the CEO pay and performance of the company,F272.92;F276.6
  2. The Influencing Mechanism Research of China’s Monetary Supply for Price,F726
  3. Research on the Impact of China’s Foreign Exchange Reserve Growth on Money Supply,F822;F224
  4. A Study on the Relationship Between Capital Structure and Performance of the Listed Companies in China Through Different Groups with Various Factors,F276.6;F224
  5. Generalized impulse response model and its asymmetric effect of monetary policy analysis,F822.0
  6. Housing Market and China’s Money Supply Mechanism,F293.35;F822
  7. \,D61
  8. The Empirical Study of the Relationship between Senior Managers’ Compensation and Performance of Listed Banks,F832.3;F224
  9. An Empirical Study on the Relationship between Board Structure and Firm Performance: Based on the Endogenous Perspective,F276.6
  10. Study on the Internal Mechanism of the Bank Systematic Fragility --Taking Representative Banking Crisis as Example,F830.3
  11. Study on the Relationship Between Currency Amount and Price Level in China,F822;F726
  12. On the financial crisis in 1910,,F832.9
  13. The Analysis of the Efficiency of Monetary Policy in China: 1998-2009,F224
  14. Can Monetary Policy Target on Asset Price?,F224
  15. Research on Multi-Step Attack Detection Method Based on GCT,TP393.08
  16. Research on the effectiveness of monetary policy in China,F822.0
  17. The deposit reserve ratio by the inhibitory effect on the analysis of economic overheating,F123
  18. The Effect of China’s Monetary Policy,F822.0
  19. Deposit reserve system development and in our use of comparative effectiveness analysis,F822
  20. A Review of Last Inflation in China and Illumination on Anti-inflation,F822.5
  21. A Positive Analysis of the Impact of Money Supply on China Stock Market,F822.2;F832.51

CLC: > Economic > Fiscal, monetary > Currency > China's currency
© 2012 www.DissertationTopic.Net  Mobile