金融危机后我国物价水平变动与货币供应关系研究——基于外汇储备变动视角

2010年以来,我国CPI走势屡创新高,一方面这与国际大宗商品价格持续走高、自然灾害频繁发生导致的粮食减产有关,另一方面也与国外巨额流动性投放以及我国适度宽松货币政策下经济体内流动性充裕有关。本文以外汇储备变动为切入点,对国际金融危机后我国外汇储备变动和物价走势进行分析,考察发达国家量化宽松政策对我国通货膨胀产生的影响。

Study on the Relationship Between Changes in Price Level and Money Supply in China After the Financial Crisis: From Perspective of Foreign Exchange Reserve

Since 2010,China's CPI has repeatedly hit record highs.On the one hand,the international commodity prices continue to rise,and frequent natural disasters lead to food production reduction.On the other hand,exceesive liquidity exsists in the economy due to huge foreign investment and domestic moderately easy monetary policy.From a perspective of foreign exchange reserve,this paper analyzez the change of foreign exchange reserve and commodity price trend in post-crisis period,to investigate the influence of q...