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利率政策效应及其改革方向 被引量:5

The effect and further reform of interest rate policy in China
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摘要 编者按:自1996年以来,我国通货膨胀率不断降低,经济实现了软着陆,买方市场逐渐形成,但随后出现了通货紧缩现象。为适应新的经济形势,从1996年5月到1998年底,中央银行在不同的经济背景下,适时先后六次下调了利率。那么,1.利率政策实施的效果如何;... Abstract Our country’s interest rate has been kept on decreasing ever since 1996. The country has softly landed its economy, and a buyers market has been established, now a deflation economy is emerging. In order to adjust to the new economic situation, China’s central bank reduced its interest rate for six times according to different economic backgrounds. This topic discusses the following questions: 1. How about the effect of interest rate policy; 2. Why the policy can’t be fully conducted; 3. Can the interest rate be lowed further more; 4. Should the government marketrize the interest rate in order to improve the effectiveness of interest rate policy.
作者 金菲
出处 《金融研究》 CSSCI 北大核心 1999年第7期66-73,共8页 Journal of Financial Research
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