摘要
通过菲利普斯曲线、货币供给扩张过程、货币政策目标的演进和货币政策作用过程等对货币政策有效性的 多维透视,不难发现:货币政策有效性的标志在于货币政策目标的实现程度。经验实证表明,中国18年的货币政 策操作一直处于反膨胀和反通缩的过程中,总体来看,绩效并不显著。
From a multi-dimension prospective of the effectiveness of monetary policies by means of Philips curve, monetary supply extension process, evolution of monetary goals and function of monetary policies, its undifficult to find that the signal of effectiveness of monetary policies rests with realization extent of monetary policies targets. Based on experience, a practical analysis suggests that the operation of Chinas monetary policies of 18 years has been in the course of anti- inflation and anti-deflation. In all, its performance is not apparent.
出处
《河南金融管理干部学院学报》
北大核心
2003年第6期39-41,共3页
Journal of Henan College of Financial Management Cadres
