In addition , this paper also points out china ' s potential financial risk and distortion of income distribution mechanism , which are connected closely with china ' s money velocity 另外本文还指出了我国潜在的金融风险和扭曲的收入分配机制对货币流通速度减慢的影响。这些问题的出现都与我国转轨经济体制的特殊时期的特殊情况密切联系。
This article has analyzed this system vicissitude from the angle of money supply and demand , proposes a motive model on m _ 2 / gdp growth and from the macroscopic angle analysis circulation 本文从货币供求角度分析了这一制度变迁,提出m _ 2 / gdp增长的动机模型,并从宏观角度分析货币流通平衡,以改进的货币流通公式预测本世纪前期中国m _ 2 / gdp的增长趋势。
This paper emphasizes more on china ' s transition economy , hold that mere factors en institution changes tc influence money velocity should be paid attention , while all the traditional variables are considered 本文在考虑到传统理论在解释货币流通速度影响的同时，认为对于像中国这样一个处于迅速变化的转轨经济国家，更应该着重制度变迁对货币流通速度的影响。
But after this time , money velocity decreases for more than 20 years . especially gdp / m _ ( 2 ) , its decrease trend is unprecedented whether by its absolute value or its decrease speed 我国在改革开放以前货币流通速度长期保持在8左右，但是在改革开放以后货币流通速度出现了一路下滑的趋势，尤其是gdp m _ 2 ，不但是下降的绝对量还是相对速度都是世界历史上前所未有的。
This paper reviews the research results about the circulation speed of currency in china and defines the concerned terms and conceptions at first , then explores the characteristic of the circulation speed of currency in china since 1978 本文首先回顾中国货币流通速度的已有研究成果并定义了有关名词术语，接着系统考察自1978年来中国货币流通速度的中长期变动特征。
This indicator is used to show the supply of consumers goods through various channels to households and institutions , and is very important for the study on people ' s livelihood , on the purchasing power of consumer goods and on money 这个指标反映通过各种商品流通渠道向居民和社会集团供应的生活消费品来满足他们生活需要，是研究人民生活，社会消费品购买力、货币流通等问题的重要指标。
Chapter 2 expounds and proves the endogeneity of china ' s money supply from the aspects of money base , money multiplier , and velocity of money respectively . also analyses theoretically and empirically the phenomenon of extra money supply in china 第二章则分别从我国基础货币、货币乘数、货币流通速度角度论证了中国货币供给的内生性质，其中对超额货币供给现象也做了理论和实证分析。
According these reasons , the thesis would give some solution to avoid these risks as more as possible . the thesis can be departed as three proportions . at first , the thesis will give some concepts about real estate and loan for real estate 房地产信贷是指在房地产开发、建设、流通、经营和消费过程中,通过货币流通和信用渠道所进行的针对房地产开发企业和个人住房购买等信贷活动的总称。
Guanzi ? qingzhong is an agglomeration of currency thoughts of ancient china . industry and commerce had grew comparatively prosperous since the warring states and qin dynasty where commodity and currency played an important role in the whole economy 我国自秦汉以来逐渐形成了比较繁荣的城市工商业，商品货币流通在整个社会经济生活中的作用中日益突出，许多思想家开始探求商品货币的流通规律。
So , not only monetization and security market emergence are the important variables discussed in this paper , but m _ ( 2 ) ' s specific role played in china ' s economy as financial asset is also crucial factor to determine money velocity 所以，在讨论了货币化假说、证券市场的影响之外，本文更详细的论证了我国货币作为金融资产的独特性以及其与发达国家由于资产结构不同而导致的货币流通速度效应。
