摘要
由于我国资本市场与货币市场的长期分割,使得股票市场作为货币政策传导机制的重要性未能得到应有的重视,这在一定程度上降低了货币政策的有效性。随着我国股市融资规模的不断扩大及个人投资在家庭收入中所占比重逐步提高,股票市场与货币政策执行的相互影响也逐渐明显,因此有必要对相关影响进行认真地研究,实现股票市场发展与货币政策执行的互动,进一步提高货币政策的有效性。
There has been a insulation between our capitals market and monetary market for a long term,this condition reduced the efficiency of our monetary policy.As long as the development of our stock market and the growth of individual investment,the mutual influence between stock mar-ket and monetary policy has become more and more important.So we should study the mutual in-fluence and promote the efficiency of monetary policy.
出处
《金融理论与实践》
北大核心
2003年第4期6-8,共3页
Financial Theory and Practice