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通货紧缩时期的宏观调控政策选择 被引量:4

The Regulation Policies Chosen in Macro Economy while Deflating
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摘要 通货紧缩是一种与通货膨胀相对应的宏观经济现象。表现为物价水平持续下跌 ,它既是一种货币现象 ,又是一种实体经济现象。通常发生在经济周期的经济收缩阶段。我们认为 ,中国已进入趋势性通货紧缩时期。总需求小于总供给导致物价水平持续下降 ,是导致出现通货紧缩的根本原因。当前我国宏观调控政策的取向是 :应把治理通货紧缩作为宏观经济政策的基本目标。把扩张性的财政政策和货币政策作为中长期的宏观调控政策。同时应该加强宏观经济政策之间的相互协调与配合。 Deflation,characterized as continuously decreased price,is the opposite side of inflation in macro economy.It deals with a monetary behavior and the essential of economy as well,and usually appears in an economic depression of a business cycle.We argue that a symptom of deflated tendency comes into play in China economy.The decreased price and hence a deflation result mainly in a deficiency of the aggregate supply related to the demand.We should direct our current regulation policies at governing such a deflation in the macro economy;the expanding monetary and fiscal policies should become the operational instruments of the economy in the medium and long term,and the coordination between such policies should be strengthened.
出处 《财经问题研究》 CSSCI 北大核心 2000年第10期26-33,共8页 Research On Financial and Economic Issues
关键词 通货紧缩 财政政策 货币政策 宏观调控政策 中国 Deflation a symptom of deflated tendency expanding fiscal policy monetary policy
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