摘要
尽管近年来我国资本市场的货币政策传导机制有所改善,但目前并不是十分畅通,尚存在着一定程度的梗阻,对宏观经济的加速推动作用也没有能够完全发挥。
The central bank sets the short-term interest rate to dealwith money market. Decisions about official interest rateaffect economic activity and inflation through severalchannels, which are known as transmission mechanism ofmonetary policy. This paper is a case study on thetransmission mechanism of monetary policy of Chinesecapital market, which the author finds improving on thewhole, but faces obstruction as well.
出处
《证券市场导报》
北大核心
2004年第7期29-34,共6页
Securities Market Herald
