我国货币政策可信度的理论分析及基于通胀预期的实证研究
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| Title | Theoretical analysis of monetary policy Credibility and empirical research in view of inflation expectation
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| 作者 | 徐亚平 |
| Author | Xu Yaping |
| 作者单位 | 安徽大学经济学院 |
| Organization | Anhui University |
| 作者Email | hfblackcat@163.com |
| 中文关键词 | 货币政策可信度 预期管理 货币政策的有效性 |
| Key Words | Credibility of Monetary Policy; Expectation Management; Effectiveness of Monetary Policy |
| 内容提要 | 经济主体与政策制定者之间存在相互依存的关系, 公众可以利用可获得的信息形成具有动态反馈的预期, 而经济主体的预期状况如何, 在很大程度上取决于货币政策的可信性。货币政策的可信度越高，中央银行对公众预期和决策行为的引导作用就越大，货币政策效果也就越好。货币政策的预期管理和引导效应甚至能够大于政策本身所能够引起的数量变动效应,这正是提高货币政策有效性的关键所在。本文分析了货币政策可信度的主要影响因素，并基于通胀预期，实证研究了我国货币政策的可信度及其预期管理效应。 |
| Abstract | In the modern economy, expectation has become an important factor to affect the macroeconomy, and improving the credibility of monetary policy could we lead the public expectations. The paper analyzes deeply into monetary policy credibility and expectation management in our country from theory and practice. And put forward recommendations of how to improve the credibility of our monetary policy. |
| 文章编号 | WP484 |
| 登载时间 | 2013-06-07 |
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