通货膨胀预期陷阱理论新探——基于货币政策时间非一致性视角

Discussions on the Expectation Trap Theory of Inflation——from perspective of time inconsistency in monetary policy

在货币政策时间非一致性的视角下,借鉴国内外现有研究成果,综合运用宏微观经济模型组的均衡与非均衡分析方法,探究通货膨胀预期陷阱的基本范畴、理论模型、生成机理、社会经济效应和对策等理论问题,这有别于目前主要运用货币政策效用函数和损失函数来分析货币政策时间非一致性问题的一般研究方法。

From the perspective of time-inconsistency in monetary policy and on the basis of using the current research at home and abroad for reference,this paper applies equilibrium and disequilibrium analysis of macro and micro models to explore the basic categories,theoretical model,formation mechanism,social-economic effects and other issues of expectation trap of inflation,which differs from the current method of mainly using monetary policy utility function and loss function to analyze the issue of time inconsistency in monetary policy.