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在论及IS－LM的中国特色时，都说中国的LM斜率小，从方程的角度看：MS/P=kQ-hr，就是货币需求的利率灵敏度h大，货币需求的实际产出灵敏度k小。这两点的经济意义应该如何解释呢？
以我的理解，中国的资本市场债券市场不发达，居民的主要理财方式还是银行储蓄。那么Keynes说的债券与货币需求的替代性应该较弱，为什么LM的斜率会小呢？
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楼主: fangyu
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[经济学模型] 请教LM曲线的中国特色 |
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All that u measure, all that u feel,
All this u can\'t leave behind.
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All that u fashion, all that u make,
All that u build, all that u break,
All that u measure, all that u feel,
All this u can\'t leave behind.
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All that u fashion, all that u make,
All that u build, all that u break,
All that u measure, all that u feel,
All this u can\'t leave behind.
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All that u fashion, all that u make,
All that u build, all that u break,
All that u measure, all that u feel,
All this u can\'t leave behind.
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