1、湖南大學(xué)碩士學(xué)位論文貨幣政策與股市波動研究姓名：周猛麟申請學(xué)位級別：碩士專業(yè)：統(tǒng)計學(xué)指導(dǎo)教師：倪青山20081015AbstractSincethenewmillennium，withtherapiddevelopmentofChina’Sstockmarket，atthesametime，residentsandenterprise’Swillonstockinvestmenthasstrengthened，andthemarketv

2、alueofChina’Sstockmarketandtradingvolumehasbeenconsidera_bleSOtheincrementaldemandoncurrencycannotbeignoredAsanimportantmacroeconomiccontroldepartment，thecentralPeople’SBankfrequentlyusesthemonetarypolicytoadjustinterest

3、rateanddepositreserveratioAlthougheachmonetarypolicyisnotadjustedforthestockmarket，itwillhavegreatimpactonthedevelopmentoftheemergingChinesestockmarketsBasedontheabove，itisnecessarytoanalyzetherelationshipbetweenChina’Sc

4、urrencyandstockmarketstheoreticallyandpracticallytoprovideausefulreferenceandsupportfortheformulationofmonetarypolicybymonetaryauthoritiesThisarticlesummeduptherelevantresearchresultsonthedevelopmentofthestockmarketandmo

5、neysupplyrelationshipintheacademiccommunitybasedonwhichinteractionmechanismbetweenthedevelopmentofthestockmarketandmoneysupplyisconcludedTheeachadjustmenttomonetarypolicywillhavegreatimpactonthestockmarket，whichwillhavea

6、ninfluenceonmonetarysupplythroughthewealtheffect，theeffectofthetransaction，theportfolioeffectofsubstitutioneffectsBasedontheanalysisaboveandtheactualsituationinchina，itisfoundthatthestockmarketexertsagreatimpactonchina’S

7、monetarydemandjustthroughacomprehensiveactionoftheeffectivenessaboveWiththefurtherdevelopmentofthestockmarket，China’SdemandformonetarypolicyisfacingnewchallengesThecentralbankshouldnotonlyconcernwiththecurrencyneedsofthe

8、realeconomybutalsowiththedemandonmoneyfromvisualeconomysuchasstockmarkettomakeabalanceThus，themonetarypolicycanbeimplementedeffectivelyandmoneysupplyplancanbeestablishedwhichwillplayanimportantroleinChina’Ssustainedecono

9、micgrowthInordertomoreobjectivelyevaluatetherelationshipbetweenChinasstockmarketandcurrencydemand，thethirdchapterwillanalyzetheshorttermannouncementeffectonstockmarketbroughtbythechangesofmonetarypolicethroughcalculating