中國外匯儲備增長及其對貨幣供應(yīng)的影響探析.pdf

1、復(fù)旦大學(xué)碩士學(xué)位論文中國外匯儲備增長及其對貨幣供應(yīng)的影響探析姓名：蔡瑞文申請學(xué)位級別：碩士專業(yè)：金融學(xué)指導(dǎo)教師：劉紅忠20030515AbstractSince1994，Chinahasbeenseeingarapidsustained——accumulatedforeignexchangereserveTheconsequentiallargeamountofforeignexchangedepositofthePeople’sBan

2、kofChinahadaremarkabteinfluenceonChina’smoneysuppIyandmadeitmoredifficulttoacutemonetarypolicyThispaperseekstoanswerthefollowingquestions：(1)factorsthatdeterminetherapidaccumulationofforeignexchangereserve：(2)themainsour

3、cesofFXreserve(3)thelinkagebetweenforeignexchangereserveaccumulationandtheamountofmoneysupply(4)measurestobetakenbythePeople’sBankofChinaThispaperisorganizedasfollowingfourchaptersChapteronecurlinestherelationshipbetween

4、balanceofpayment，foreignexchangereserveandtheamouritofmoneysupplyintheoryChaptertwodiscussesthedecisivefactorsofmainchannelsofforeignexchangereserveaccumulationinChinaTherapidaccumulationofforeignexchangereserveinChinais

5、theoutcomeofmacroeconomicconditions，theforeignexchangecontrolpolicy，economicdevelopmentandreforminChinaByanalysingthereportofbank’sbuyingandsel1ingforeignexchange，anconclusioncouldbedrawnas：theincreaseinChina’sforeignexc

6、hangereservecanbemainlycontributedtothesurplusofbank’sbuyingandsollingforeignexchangeundercurrentaccount，especiallythesurplusoftradeChapterthreedealswiththeinfluenceonmoneysupplybyincreaseinforeignexchangereserveTheoreti

7、catlY，increaseinforeignexchangereserveundercurrentforeignexchangemanagementsystemcannecessarilyinfluencemoneysupplyHowever，fromapracticalpoint，ariseinforeignexchangereservedirectlygiverisetotheincreaseinprospectivemoneys