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货币流通速度不仅受实体经济影响,而且受虚拟经济影响,本文运用实证分析方法探讨货币市场基金对货币流通速度是否产生影响,结果表明货币市场基金收益率变动是货币流通速度变动的格兰杰原因,两者正相关,可根据货币市场基金收益率和一年期国债收益率预测货币流通速度,货币政策实施效果受货币流通速度影响,管理者可通过调整货币市场基金政策稳定货币流通速度。
The velocity of money circulation is affected not only by the real economy but also by the fictitious economy. This paper uses empirical analysis to explore whether the money market funds have an impact on the velocity of money circulation. The result shows that the change of the money market rate of return is the Granger reason , The two are positively correlated, and the money circulation speed can be predicted according to the money market fund yield and the one-year government bond yield. The implementation effect of monetary policy is affected by the velocity of money circulation. Managers can stabilize the currency circulation speed by adjusting the money market fund policy.