央行资本金约束与货币发行机制的规范  

Central Bank's Capital Constraints and the Specification of the Currency Mechanism

作　　者：胡海鸥[1] 王润华[1] 

机构地区：[1]上海交通大学安泰经济与管理学院,上海200052

出　　处：《上海金融》2013年第4期23-26,116,共4页Shanghai Finance

基　　金：2010年度教育部人文社会科学项目的支持;课题号10YJA790072;上海交大文科科研创新基金项目<我国货币供给机制转轨研究>(课题编号09TS15)的支持

摘　　要：尽管各种版本的货币银行学教材都不提央行资本金,但并不代表这一问题不重要。事实上,各个发达国家的央行几乎都或多或少受资本金的约束,这既源于历史,也具有理论的依据。我国央行一直不受资本金约束,也就容易造成货币的超发和货币发行机制的扭曲。要实现货币发行和流通的规范有序,我国央行负债也须受资本金约束。Although various versions of the money and banking textbooks do not mention the central bank's capital,but it does not mean that this issue is not important.In fact,almost all central banks of the developed countries are more or less subject to the capital constraints,which has not only a historic origin,but also a theoretical basis.China's central bank has never been constrained by capital,which will easily leads to the currency super-hair and the distortion of currency issuance mechanism.To achieve the standardized and orderly currency issuance and circulation,China's central bank liabilities should be subject to capital constraints.

关 键 词：央行 资本金 负债 人民币 

分 类 号：E5[军事—军事理论]