摘要
新任美联储主席耶伦上任以来，注重信息沟通在货币政策实施过程中的重要性。2014年4月3日，美联储首次对外公布了其政策分析所采用的宏观模型（FRB—US Model），进一步推动货币政策信息透明化。文章从家庭、企业、金融部门、货币政策、供应方等部门角度梳理了美联储宏观分析模型的基本架构，分析介绍了该模型相比动态随机一般均衡模型的优点及部分市场评价，在回顾我国央行不断增强货币政策透明度举措的基础上，就进一步提高货币政策透明度提出相关建议。
Fed＇s new chairwoman Janet Yellen attaches importance to communication in monetary policy implementation since she took office. On April 3, 2014, the Fed first announced its FRB-US model in policy analysis in order to further enhance the transparency of monetary policy. The article analyses the basic framework of FRB-US model from the perspectives of household, firm, financial sector, monetary policy and supply-side, introduces the advantages of such model over dynamic stochastic general equilibrium model （DSGE） and certain market comments, and gives policy suggestions on further enhancing monetary policy transparency upon reviewing the measures of China＇s central bank in increasing transparency.
出处
《中国货币市场》
2014年第6期17-20,共4页
China Money
