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- W2372604984 abstract "This paper,which have given first place to theoretical analysis,and then have taken data demonstration as subsidiary method,have proven that: Electronic currency has made currency multiplier become especially complicated,so that it has become more difficulty for People’s Bank of China to control the money supply;electronic currency play dilation role in money supply by enlarging broad currency multiplier and narrow currency multiplier;but electronic currency hasn’t same impact over broad money multiplier and narrow money multiplier: give greater impact on broad one than narrow one.For this purpose,the People’s Bank of China ought to put a monetary policy of mul-intermediary-target into practice so as to strengthen the monetary policy validity,severely monitor the liquidity risk that electron currency may bring about in order to prevent trouble before it happens." @default.
- W2372604984 created "2016-06-24" @default.
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- W2372604984 date "2009-01-01" @default.
- W2372604984 modified "2023-09-27" @default.
- W2372604984 title "Study on the Influence of Electronic Currency on Broad Currency Multiplier and Narrow Currency Multiplier" @default.
- W2372604984 hasPublicationYear "2009" @default.
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