摘要
第三方互联网支付正在影响我国的支付结算行业,同时对我国的货币体系产生重大的影响,加剧了我国货币乘数的不稳定性。本文以现金漏损率、准备金率和第三方互联网支付规模为自变量,进行计量分析,研究第三方互联网支付对我国狭义货币乘数的影响。实证结果表明:第三方互联网支付具有减小我国狭义货币乘数的作用。
The third party internet payment is affecting China payment industry. At the same time,it has a significant impact on China＇s monetary system and exacerbates the instability of her money multiplier. This paper uses the cash leakage rate,the reserve ratio and the third party internet payment scale as the independent variables to do the quantitative analysis and the third party internet payment affecting on the monetary multiplier. The empirical result shows that the third party internet payment reduces the narrow money multiplier of China.
基金
浙江省教育科学规划研究课题(SCG256)
杭州电子科技大学创新团队培育计划建设项目(ZX150202316001)
关键词
第三方互联网支付
狭义货币乘数
现金漏损率
准备金率
the third party internet payment
narrow money multiplier
cash leakage rate
reserve ratio
