摘要
本轮金融危机发生以来,货币统计的传统分类面临越来越大的挑战,理论和实践要求央行或货币当局以更广阔的视野管理宏观流动性。人民银行济南分行对"区域全口径信用总量"的实践探索表明,社会融资规模可以渐进式逐步量化;而准确计量社会融资规模,需要建立完全不同于传统货币供应量统计反映途径的理念和计量体系,而计量转轨期则首先应完善宏观审慎管理体系与基本的法律框架。
Since the financial crisis, the traditional classification of monetary statistics is facing increasing challenges, which requires central banks or monetary authorities to manage macro-level liquidity in a broader view, theoretically and prac- tically. The People＇s Bank of China Jinan Branch＇s practical investigation about ＂Regional full scale credit size＂ shows that scale of social finance can gradually be quantitative. However, the accurate t of ＂total social finance＂ size needs to set up a completely new econometrical system which is different from the traditional means of money supply statistics. During the measurement transition period, we should build macro-prudential regulatory system and improve the basic legal framework first.
出处
《金融发展研究》
2011年第8期45-50,共6页
Journal Of Financial Development Research
关键词
社会融资规模
货币供应量
全口径信用总量统计
scale of the total social finance, money supply, regional full scale credit
