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2006•Journal of Kaifeng UniversityRequires access

The Theory Analysis of the Relation between E-money and Monetary Policy

Wang Chen

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Abstract

With the widely use and popularization of Electronic money,it would challenge the traditional financial and money system.Then it would not only influence the role of central bank but also challenge the issue and supply of money and the control of finance by the central bank.It is known that one of the characters of policies of money is its prefigurativeness.Therefore,we must investigate the influence of Electronic money on the policy of money.It is necessary for the establishment of policies about money.

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What this paper is about

With the widely use and popularization of Electronic money,it would challenge the traditional financial and money system.Then it would not only influence the role of central bank but also challenge the issue and supply of money and the control of finance by the central bank.It is known that one of the characters of policies of money is its prefigurativeness.Therefore,we must investigate the influence of Electronic money on the policy of money.It is necessary for the establishment of policies about money.

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Available abstract

With the widely use and popularization of Electronic money,it would challenge the traditional financial and money system.Then it would not only influence the role of central bank but also challenge the issue and supply of money and the control of finance by the central bank.It is known that one of the characters of policies of money is its prefigurativeness.Therefore,we must investigate the influence of Electronic money on the policy of money.It is necessary for the establishment of policies about money.

Key concepts: Electronic money, Money supply, Monetary policy, Endogenous money, Economics, Monetarism, Monetary economics, Money measurement concept

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