In the developed financial markets,the term structure of repo rate follows pure expectation hypothe- sis,and risk premium is not significant both economically and statistically.

With weekly data of repo term structures in the Shanghai Stock Exchange from January 4 1999 to November 8 2004,it is found that term structure of repo rates has obvious risk premium,and pure expectations hypothesis can t explain the term structure behavior.

Since 1993, our country has been carrying out macroscopic adjustment and control, and the rate of unemployment has been rising steadily year by year, the rate of currency inflation has experienced the the course of climbing high firstly, and then falling backward steadily.

This paper points out the defect of traditional curing currency inflation, gives an interest---money model curing currency inflation and calculates its effect.

In recent times,the growth of the CPI in China has exceeded 5% for 8 months;this puts the government under a great stress of currency inflation and consumers feel the stress too.

Empirical study of the relationship between inflation and housing prices;

An inventory model with inflation induced demand and partial backlogging;