摘要
在全面综述财富效应的基础上,运用因素分析法,探讨了我国股票市场的财富效应,认为我国股票市场财富效应非常微弱,所以,不应以股票市场财富效应为依据来加快形成货币政策的股票市场传导渠道。
This paper analyzes the wealth effect of Chinese stock market through the element analysis method after comprehensively summarizing the theory of wealth effect.We draw a conclusion that the wealth effect is very weak,and put forward that we should not establish quickly the monetary policy through the stock market channel on the basis of the wealth effect of stock market.
出处
《延安大学学报(社会科学版)》
2002年第4期55-58,共4页
Journal of Yan'an University (Social Sciences Edition)
关键词
股票市场
财富效应
货币政策
货币政策传导渠道
stock market
wealth effect
monetary policy
monetary transmission channel