Impact of Network Finance Development on Inflation: Evidence from Chinese Financial Market

Jun-wen FENG, Gang WANG, Yu-chen WU

Abstract


At present, financial network has attracted a lot of money from reality to the network platform and currency in circulation had seen a considerable impact, so this article is to discuss whether electronic money will have an impact on inflation from the perspective of qualitative and quantitative respectively which is original. This paper also adds lag length to the model which proves to be helpful. Eventually this paper will make some recommendations to monetary policy.

Keywords


Network finance, Electronic money, Inflation, Money demand & supply


DOI
10.12783/dtcse/pcmm2018/23739

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