货币政策效应时滞分析——脉冲响应函数与方差分解

Time Lag Analysis on the Effect of Monetary Policy-Impulse Response Function and Variance Decomposition

该文运用脉冲响应函数与方差分解方法,分析了货币政策对宏观经济的作用效应时滞,这对制定货币政策、把握货币政策的实施时机有参考价值.

Impulse response function and variance decomposition method are used to analyze time lag of the effect of monetary policy on macroeconomy, which provides reference to policymaking and timing of the policy implementation.