我国中央银行货币冲销操作的实证分析：1994-2007  

An Empirical Analysis on Monetary Sterilization Policy of Chinese Central Bank

作　　者：王文平[1] 

机构地区：[1]北京大学经济学院

出　　处：《财经理论与实践》2008年第5期14-17,共4页The Theory and Practice of Finance and Economics

摘　　要：我国国际收支顺差长期存在,基于中国的经济现实从中央银行货币冲销操作的角度进行研究结果表明,自动调整机制无法纠正国际收支的失衡,一个重要的原因就是中央银行对增加的大部分国外资产的有效冲销。Based on the reality, we intend to discover the source of surplus of balance of payments of China in the long term from the angle of monetary sterilization policy of central bank of China. The empirical data shows the self - adjustment mechanism can not rectify the unbalance of payments of China because of effective monetary sterilization of central bank of China with its increasing foreign assets. Some implications are drawn as a conclusion of the study.

关 键 词：中央银行 货币冲销操作 国际收支 

分 类 号：F830.9[经济管理—金融学]