对我国非均衡贷款市场下降息政策效率分析及对策研究

Analysis on the efficiency of the policy of lower Interest and the Counter measure's Research under the Non-balanced loan market of our country

自1996年以来,我国已8次降息,面对央行的降息政策,商业银行已不再是步步紧跟,都出现了央行频繁降息与商业银行“惜贷”并存格局,表明在我国非均衡的贷款市场上,利率机制是弱效率的。为此,研究利率政策的效率机理及其改善途径,有利于充分释放降息带来的扩张效应,取得激活市场的预期效果。

China has lowered interest for 8 times since 1996 facing the Central Bank's policy of lower interest, commercial bank's did not follow this policy, While the Central Bank's Lowering interset but the commercial banks are 'treasuring loan' The situation shows that the interest mechanism is weat under the no-balanced loan market. Research on the efficiency of interest policy and the method of improving it will benefit to release the expanding effect which lower interest has brought, and achieve the predicative result of activation