An Empirical Test of the Scale of China's Money Supply——Analysis Based on the Improved First Generation of Money Crisis Model

Money supply,domestic credit and the growth of foreign exchange reserve keep a certain equilibrium relationship in most years in our country,but in some years,money supply is insufficient or surplus.So when putting in money we should consider the relationship among money supply,domestic credit and the growth of foreign exchange reserve,improve the structure of money supply,increase the effectiveness of monetary policy and increase effective money supply.