Application of SARIMA Model on Money Supply

摘要

In the paper, the data of the narrow money supply of China from January 2005 to March 2016 as sample, model is established by using Eviews6.0. Upon inspection, the model has good fitting effect (MAPE = 1.09) and high prediction accuracy. According to the results of the model, the paper forecasts the development trend of the narrow money supply of China and puts forward some suggestions to provide reference for monetary policy of China.