In short term Ml has a closer relationship with monetary base than M2, however, if lagged influence is taken full consideration, the controllability of M2 is better than M1.

 
  • 從短期來(lái)看,基礎貨幣和M_1的波動(dòng)具有顯著(zhù)的相關(guān)性,而M_2和基礎貨幣的關(guān)系較弱,但如果充分考慮滯后影響,M_2可控性則高于M_1。
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