中国货币政策规则稳健性研究——基于不确定性视角  

Research on the Smoothing of Monetary Policy in China

作　　者：王增武[1] 李兵[2] 冀炳[2] 

机构地区：[1]中国社会科学院金融研究所,北京100732 [2]广西大学商学院,广西南宁530004

出　　处：《经济与管理》2011年第2期47-53,共7页Economy and Management

基　　金：中国社科院金融所重点课题资助;中国社科院国情调研重点项目资助

摘　　要：通过中国货币政策规则的统计特征和调整模式研究中国货币政策规则的稳健性以及不确定性,结论表明:中国货币政策调整规则基本符合调整频率低、每次调整幅度小、反转调整次数少且在长时间静止之后再进行反转调整的稳健性特征,除此之外,声誉不确定性也是导致中国货币政策规则稳健性特征的主要原因之一。Through the statistical characteristics and adjusting mode of China＇s monetary policy rules study of China＇s monetary policy rules to research robustness and uncertainty,results indicate that our monetary policy adjusting rules basically comply with low frequency and amplitude,less reverse adjust frequency and each small inversion adjustments after long time again etc robustness characteristic;In addition,reputation uncertainty also is one of the main reasons resulting in robustness characteristics of China＇s monetary policy rules.

关 键 词：货币政策 风险 不确定性 TAYLOR规则 

分 类 号：F822.1[经济管理—财政学]