Title: A Research on the Negative Influence of China's Huge Foreign Exchange Reserves to Monetary Policy
Abstract: To China's foreign exchange reserves and money supply in recent years,the paper is based on the use of Markway 3.0(Markowitz) statistical analysis software for its quantitative analysis.Through the research on the intermediate targets of monetary policy and the foreign exchange reserves,we find out the negative influence of China's huge foreign exchange reserves to monetary policy and the degree of the impact,and put forth some policy recommendations to eliminate the negative effects.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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