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The Relationship Of China's Fictitious Economy And Real Economy

Posted on:2011-12-13Degree:MasterType:Thesis
Country:ChinaCandidate:L LiFull Text:PDF
GTID:2189330332485147Subject:Western economics
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With the rapid development of the economy, since the 80's of the twentieth century, the world's economy has undergone great changes; the traditional theory is hard to explain the current economic situation. Fictitious economy viewed the world as a value system, not a material system, thus starting the economy appears on the current issues and explain the characteristics of its operation. This departure from the origin of the fictitious economy, discussed in detail with the fictitious capital is closely related to the content and features, combined with the standard of the people starting from different definitions of the virtual economy, summed up the basic concept of the fictitious economy and its characteristics. In on the fictitious economy and real economic relations and organize research review based on the construction of the virtual economy and real economy equilibrium model, the real economy and the fictitious economic co-balanced conditions, subject to external shocks in the conditions, the entity economic price levels and price levels of virtual economic adjustment process. In this paper, based on monetary circulation flow model and considering the direct relationship between fictitious economy and real economy we build a more realistic model of the currency. And we used the monthly data in January 2006 to December 2009 to analyze the relationship between monetary, fictitious economy and the real economy. We found that the current increase in China's money supply contributed to the development of the real economy to a certain extent, but the main result is the real estate boom, the real estate boom of the real economy to promote the development of a more visible. At the same time, the relationship between the stock market and the real economy is not obvious; The stock market is not the "barometer" of the real economy "barometer."...
Keywords/Search Tags:Fictitious Economy, Real Economy, Money Supply, Monetary Circulation flow
PDF Full Text Request
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