摘要
经过修正的财政主导型制度和价格水平决定的财政理论可以分别对1981—1994年和1995—2006年两个时期的通货膨胀史进行解释,其中前者源于对既有经济学文献的综合分析,后者源于以事实为基础的逻辑推理和最新正式经验研究。一个重要的现实政策含义是,要实现价格稳定和可持续经济增长,中国务必要进行第二次制度变革,其方向是以积极型货币政策与被动型财政政策搭配为基础的货币主导型的李嘉图制度。
Revised fiscal dominant regime and FTPL explain inflationary history during 1981 - 1994 and 1995 -2006 respectively. The former results from synthetic analysis on current literature and the latter results from logic inference based on facts and the latest former empirical research. One of its important realistic policy implications is to realize price stability and sustain economic growth, China should carry out the second institutional reform,, whose direction is monetary dominant Ricardian regime based on active monetary policy and passive fiscal policy.
出处
《财贸研究》
CSSCI
北大核心
2008年第6期8-13,共6页
Finance and Trade Research
基金
国家社科青年基金项目"中国式分权
内生的财政政策与宏观经济稳定:理论与实证"(08CJL008)