对影响我国货币政策传导效率的结构性因素分析

Analyzing Structural Factors Influencing Conductive Efficiency of Monetary Policies in China

1997年以后 ,为了制止通货紧缩 ,我国实施以适当扩大货币供应量为主的货币政策。但由于我国正处于经济转型时期 ,存在着一些阻碍货币供应量扩张的结构性因素 ,导致货币政策传导受阻 ,降低了货币政策的传导效率。

Since 1997, China has adopted monetary policies of moderately expanding money supply in order to avoid and restrain deflation. Because our country is in economic transition period, there exist some structural factors holding back the expansion of monetary supply and causing some obstacles in the conduction of monetary policies, which lowers the efficiency of monetary policies.