ICT,Mobile Payments and Electronic Money
研究了信息通信技术发展下移动支付如何改变货币需求形式，以及私人企业发行电子货币对货币供给和货币政策有效性的影响。
With the development of information and communication technology(ICT) and the mobile terminal penetration rate of increase,mobile payment is entirely possible to replace cash and credit card payment With the proliferation of mobile payments network size effect,low transaction costs of mobile payments is full play,which reduced the demand for cash currency,change the demand for money in the form.At the same time,the central bank and the profit- maximizing firm parallel issue currency,this will impact the money supply.The money demand form changes,and private firm supply electronic money,which will make greatly reduce the effectiveness of the monetary control,then the Central Bank will invent new monetary policy tools to deal with the impact