Journal of Jishou University(Social Sciences) ›› 2012, Vol. 33 ›› Issue (2): 87-96.DOI: 10.3969/j.issn.1007-4074.2012.02.016
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Abstract: The objectives of monetary policy in our country are interactive and co-regulative to influence economic development.Economic development is dynamic,open,highly nonlinear,highly order,multiple variable,multiple feedback,and complex in time-varying,following the rule of cause and effect.This paper,based on system dynamics,tries to construct models,flow diagrams,and equations for economic development.With the computer simulation to determine and control relevant parameters,interactions of the objectives of the monetary policy are revealed to provide reference for the decision-making in macro-economy.
Key words: monetary policy, system dynamics, feedback, simulation
LIU Chao, ZHANG Wei. Cause and Effect Feedback and Simulation of the Objectives of China’s Monetary Policy——From the Perspective of System Dynamics[J]. Journal of Jishou University(Social Sciences), 2012, 33(2): 87-96.
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URL: https://skxb.jsu.edu.cn/EN/10.3969/j.issn.1007-4074.2012.02.016
https://skxb.jsu.edu.cn/EN/Y2012/V33/I2/87