Title :
Notice of Retraction
The Structural Characteristics of Liquidity and Its Impact on Economy
Author_Institution :
Sch. of Manage., China Univ. of Min. & Technol., Xuzhou, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
As showed in the empirical study, liquidity of China has obvious structural characteristics, which is reflected by excess liquidity in virtual economy along with deficient liquidity in real economy, as well as coexistence of asset bubbles and insufficient domestic demand. Under the circumstance of irrational expectancy, virtual economy has pump-priming effect with coexistence of prosperity and depression. We should be alert of the emergency of depression against the background of excess liquidity, as the virtual economy would also be depressed when expectation changed.
Keywords :
economics; investment; virtual enterprises; virtual reality; asset bubbles; domestic demand; liquidity; real economy; virtual economy; Aggregates; Asset management; Dictionaries; Economic indicators; Equations; Finance; Industrial economics; Loans and mortgages; Technology management; Velocity measurement;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
DOI :
10.1109/ICMSS.2009.5304637
