Currency Excess Liquidity Of China And The Study On Its Wallop To The Price

Domestic and foreign scholars always pay much attention to the excess liquidity especially in 2007,which is the most serious problem recently in China.Under such background,this papers from different angles analyze important reasons which lead to the excess liquidity in China and the writer respectively carry out calculate the excess liquidity from national economy:deposit,cash in the circulation,negotiable securities,stock market,which help us to understand the general excess liquidity within the scope of domestic macroeconomics by sum excess liquidity in each area.Finally,establish econometrics model in order to investigate the impact caused by the excess liquidity.The result of the model conforms to the economic theory and simultaneously the result can respond the other important factors that influence price.