%0 Journal Article
%T The Structural Relationship between Chinese Money Supply and Inflation Based on VAR Model
%A Shichang Shen
%A Xiaoyi Dong
%J Applied Mathematics
%P 578-587
%@ 2152-7393
%D 2019
%I Scientific Research Publishing
%R 10.4236/am.2019.107041
%X With the development of economy, more and more attention is paid to the relationship between money supply and inflation in the economic field. This paper chooses consumer price index (<em>CPI</em>) as an important index to measure the level of inflation, by choosing between January 2008 and March 2019 money in circulation <em>M0</em>, narrow measure <em>M1</em>, broad measure <em>M2</em>, consumer price index<em> CPI</em> monthly data as sample, building a vector autoregressive (VAR) model and using econometric methods of impulse response function and variance decomposition, and finally characterizes money in circulation <em>M0</em>, narrow measure <em>M1</em>, broad measure <em>M2</em> and the relationship between consumer price index<em> CPI</em> and different sizes of the impact of inflation in the money supply relationship.
%K Money Supply
%K The VAR Model
%K Inflation
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=93812