摘要
本文厘正了若干流动性过剩认识误区,阐释了流动性、流动性资产和流动性过剩的本质与定义,测算了近年来中国流动性过剩的规模和程度,得出了近年来中国流动性过剩并不严重、流动性过剩与经济过热之间不存在因果关系,以及2007年和2008年上半年中国宏观经济调控政策取向值得反思等若干结论。
This paper corrected some misunderstanding on excess liquidity. It explained and distinguished the nature and the definition between the liquidity, the assets liquidity and the liquidity surplus. Then it measured the scale and the degree of excess liquidity in China. Finally, it concluded that the excess liquidity was not as serious as people＇ s imagination and there was no causal rehtionship between the overheating economy and the excess liquidity. Thus, it derived that there were some policy deviation in the macro- economic regulation and control during 2007 and first half year 2008.
出处
《财经科学》
CSSCI
北大核心
2009年第3期1-9,共9页
Finance & Economics
基金
中国人民大学985工程"中国经济研究哲学社会科学创新地"的支持
