论文部分内容阅读
2007年以来,我国物价水平出现持续攀升的势头。2008年1～4月份,居民消费价格水平同比上涨8.2%。与物价上涨相对应的是我国外汇储备水平创出了历史新高,截至2008年6月末,我国外汇储备余额达1.8万亿美元。那么,外汇储备增长与物价上涨之间有没有直接的联系?本文从短期和长期两个视角,理论和实证相结合探讨了我国外汇储备增长对物价上涨的影响及其作用机制。
Since 2007, the price level in our country has shown a continuous upward trend. From January to April 2008, consumer prices rose 8.2% YoY. Corresponding with the rise in prices, China’s foreign exchange reserves hit a record high. As of the end of June 2008, China’s foreign exchange reserves reached 1.8 trillion U.S. dollars. So, is there any direct connection between the growth of foreign exchange reserves and rising prices? This article from the short-term and long-term perspective, the combination of theory and evidence to explore the impact of China’s foreign exchange reserves on price increases and its mechanism.