货币政策调控对我国国民经济影响的理论和实证研究——基于新凯恩斯主义垄断竞争模型的视角

The Theoretical and Empirical Study on the Effect of Monetary Policy Adjustment and Control on the National Economy in China——Based on the Perspective of Neo-Keynesian Monopolistic Competition Model

本文基于新凯恩斯动态随机一般均衡理论模型框架,详细分析和探讨了我国金融宏观调控政策对国民经济的影响,同时估计了一系列我国经济运行的特征参数。本文分析表明,从货币政策工具对我国宏观经济的调控效果看,在我国执行以货币供给调控为代表的数量型工具优于存贷款利率为代表的价格型工具,并进一步提出相关建议。

Based on the framework ofneo-Keynesian DSGE theory, the paper analyzes and discusses the influences of China＇s financial micro control policy on the national economy, and estimates a series of latent parameters of economic operations at the same time. The analysis shows that from the adjustment and control effect of monetary policy tools in China, the quantity tools represented by money supply control are prior to the price tools represented by the interests of deposits and loans and puts forward relevant suggestions.