ISSN: 2319-7064
Kailin Chen, Yaoqun Zheng
Abstract: This paper applies cointegration test and Granger causality test to make an empirical analysis on the endogeneity of China's money supply, and puts forward some suggestions on how to improve the effectiveness of China's monetary policy under the condition of the endogeneity of China's money supply.
Keywords: Money Supply, Endogeneity, Cointegration, Granger Causality Test