CAJ | 학술논문

主流经济学关于货币增长和价格水平之间关系的观点受到了来自理论和实证方面的挑战,虚拟经济的不断膨胀和泛化引发人们从虚拟经济的角度来重新认识这一关系。文章认为CPI是衡量价格水平的有效指标,在已有的关于虚拟经济本质和“虚实背离”的研究基础上,对传统货币供给与通胀一一对应关系进行重新分析,从需求和供给两个方面分析虚拟经济通胀水平的影响。通过实证分析我国CPI、M2和虚拟经济之间1997年前后的长期关系以及2006-2007年的短期关系,文章的理论分析得到了较好的支持。
주류경제학관우화폐증장화개격수평지간관계적관점수도료래자이론화실증방면적도전,허의경제적불단팽창화범화인발인문종허의경제적각도래중신인식저일관계。문장인위CPI시형량개격수평적유효지표,재이유적관우허의경제본질화“허실배리”적연구기출상,대전통화폐공급여통창일일대응관계진행중신분석,종수구화공급량개방면분석허의경제통창수평적영향。통과실증분석아국CPI、M2화허의경제지간1997년전후적장기관계이급2006-2007년적단기관계,문장적이론분석득도료교호적지지。
Traditional economic theories about the relationship between money supply and price level have been challerged by theoretical and empirical evidences. The increasing development and expansion of fictitious economy make people reconsider this relationship from the aspect of it. CPI is considered as a rational index for inflation. On the basis of previous studies on essence of fictitious economy and deviation between fictitious economy and real economy, this paper re-examines the relationship between money supply and inflation, and analyzes the effect of fictitious economy on inflation from the aspects of supply and demand. The theoretical analysis is supported by empirically analyzing the long-term and short-term relationships among CPI.M2 and fictitious economy