我国近年来货币信贷政策实践及其取向——伯南克和布林德CC-LM模型在我国目前条件下的适用性  

Recent Currency Credit Policy Practice in China and Present Policy Orientation——Bernanke and Blinder's CC-LM Model in China at Present Under Condition Serviceability

作　　者：白云涛[1] 陈建付[1] 

机构地区：[1]南昌大学经济与管理学院国际贸易系,江西南昌330031

出　　处：《南昌大学学报（人文社会科学版）》2007年第4期58-62,共5页Journal of Nanchang University(Humanities and Social Sciences)

摘　　要：伯南克和布林德的CC-LM隐含的假设银行在经济生活中的独特作用,央行能够通过准备金操作影响贷款供给,与我国目前的客观现实存在着不符合之处。根据我国目前的客观现实,运用改进后的CC-LM模型对我国近年来的货币信贷政策实践及其传导机制和效应进行研究发现,我国前一阶段的投资过热,其中原因之一是信贷资金失控,因此要抑制当前投资过热,在货币政策取向上,应采取稳健的货币政策,控制信贷过快增长。The hypothesized precondition of currency .neutral bank loan and the central bank influencing loan supplied through the reserve fund opreation implied in Bernanke and Blinder＇s CC -LM Pattern does not adapt to the objective reality in china at present. After the research of currency credit policy practice in china in recent years and their transition mechanism and effect exploiting improved CC - LM pattern on the basis of reality in china, it is found that too hot investment in the past years in china is the result from the credit fund out of controling. Therefore, in order to curb too hot investment at present in the monetary policy orientation, the central bank should adopt the steady monetary policy and control credit growing excessively.

关 键 词：CC—LM模型 货币政策 信贷政策 传导机制 

分 类 号：F821.0[经济管理—财政学] F830.5