对若干弱化货币政策效力相关因素的实证分析

Positive analysis on some correlative factors weakening money policy efficacy

货币政策能否发挥预期的效应受制于许多因素。货币政策本身、预期收入效益、货币市场结构与功能、资本市场财富效应、经济与金融结构二元性等都构成对货币政策效力的影响。

Money policy expected effect depend on many factors:Such as Money policy itself,Expected income effect,Money markets structure and function,Capital market wealth effect,duality of economy and finance structure.Above factors affect money policy efficacy.The paper deals with some factors weakening money policy efficacy with positive analysis.