Analysis on the Reason and Influence of China's Money Supply after the Sub-prime Crisis

Weiwei Ji, Hongchao Yu, Deming Dong


In the global economic integration today, any economic turmoil will be in a very short period of time spread throughout the world. By the subprime mortgage crisis triggered by the 2008 US financial crisis, this will be more vividly. China's accession to the WTO, the economy has been with the global convergence, the economic crisis is bound to China's financial market to bring a turbulent. In order to stimulate China's economic recovery, the central bank to adopt a moderately easy monetary policy, a sharp increase in money supply. This paper mainly studies the influence of the increase of money supply in China after the subprime mortgage crisis, and explores the relationship between money supply and economic growth and inflation through quantitative and qualitative analysis. Finally, we summarize the results through the study.

Full Text:



Ba Jusong. Economic analysis of the effectiveness of china's monetary policy [M] Beijing: Economic Science Press, 2000. 130-178

Cairns, Xu YuNan, translation. Employment interest and currency [M] Beijing: Commercial Press, 1963

Mishkin. Monetary Finance [M] Beijing: Renmin University of China Press, 1998.

Yi Gang. China's currency, banking and financial markets [M] Shanghai: Shanghai People's Publishing House, 1996.67-190

Dai Genyou. China's monetary policy transmission mechanism research [M] Beijing: Economic Science Press, 2001. 189-212

Wan Jieqiu, Xu Tao. The endogeneity of money supply and the efficiency of monetary policy. Economic research [J]. 2001 (3)


Dai G, on China's monetary policy theory and practice issues. Financial Research [J]. 2000 (09). 3-18

[8] Gao Tiemei, Wang Jinming. Dynamic analysis of monetary policy transmission mechanism in China. Financial Research [J]. 2001 (03). 14-23

Liu Jinquan. The effectiveness and asymmetry of the role of monetary policy. Managing the World [J]. 2002 (03)

[10] Li Yang, Peng Xingyun. Analysis of the Federal Reserve's interest rate policy and its monetary policy philosophy. International financial research [J]. 2005 (02). 28-37

Liu Bin. Empirical Study on the relationship between money supply and output and price in China. Financial Research [J]. 2002 (07). 17-30

Liu Lin. Money supply, inflation and China's economic growth based on co-integration of empirical analysis. [J], 2005 (03). 34-50

Lucas, Munkhoff Norbert, Toksdorf, Liu Li, et al. Financial market changes - the financial sector and the physical economy separated [M]. Beijing: Chinese people University Press, 2005.

Sheng Songcheng, Shi Bingchao, Chen Jianan. Modern Monetary Economics M]. Beijing: China Financial Publishing House, 2001.

Chen Yanbin, Tang Shilei, Li Du. Money supply can predict China's inflation? [J]. Economic Theory and Economic Management, 2009, (2).

[Wang Hongli. China's price trend analysis and its macro-control [J]. World Economy, 2005, (7).

He Wentao, Wang Chengjin. Money supply, virtual economy and inflation [J]. Finance and Economics, 2008, (9).



  • There are currently no refbacks.

Creative Commons License

This site is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.