对我国货币政策传导机制有效性的思考

Considerations about the Validity of China's Transmission Mechanism of the Monetary Policy

在论述西方学界关于货币政策传导机制五大渠道的基础上,分析了我国当前货币政策传导不畅、货币政策效应不明显的成因,并通过对货币政策传导机制的理论与当前中国现实的探讨,提出了完善货币政策传导机制的建议。

This paper briefly elaborates the western economic theory about the five channels of the monetary transmission mechanism, analyzes on the geneses of that our country＇ s current monetary transmission is not smooth and the efficiency of the transmission of monetary policy is not obvious, and through the analysis on monetary transmission mechanism theory and Chinese reality, puts forward some proposals about improving the monetary transmission mechanism.