摘要
运动是宇宙物质的普遍存在方式,货币的基本特征是运动。笔者尝试把物理学的动量定理与经济学的交易方程式进行类比,将货币量与货币速度结合起来,建立了动量化货币的指标。对动量化货币、传统货币与货币服务指数(圣路易斯联邦储备银行的指数货币)进行的经验分析表明:动量化货币具有绝对的比较优势;货币的交易速度是重要的宏观经济变量;货币的重要性依赖于它的数量和速度。主流经济学派排斥货币的交易速度,是经济理论的重大失误。
There are some common laws in the universe. Economists widely accept the principles of Newton's laws of motion. Specific theorems of physics are more eligible analogues to the expressions of economics. Equation of exchanges can be the best analogue of equation of momentum. The direction of the reform of the measure of monetary aggregate in western countries till now is basically wrong. The author advances a new measure of money-momentumized money that is based on the quantity and transaction velocity of money. A comparative experiment shows that momentumized money has obvious superiority over traditional measures and monetary services index (MSI).
出处
《当代财经》
CSSCI
北大核心
2005年第4期38-43,共6页
Contemporary Finance and Economics
基金
国家社会科学基金项目(04BJL047)
关键词
货币速度
动量化货币
交易方程式
货币服务指数
货币总量指标
Monetary aggregate
Velocity of Money
Equation of Exchange
Momentumized Money: Monetary Services Index
