Except that outside long-term trend, China's M_2/GDP also assumes the counter cyclical change tendency. The reason lies in the money demand which causes by the discrete motive have the characteristic of counter cyclical undulation.
除长期走势之外,中国的M_2/GDP还呈逆周期变动趋势,原因在于由谨慎动机引起的货币需求具有逆周期波动的特点。
参考来源 - 我国M·2,447,543篇论文数据,部分数据来源于NoteExpress
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