罗纳德·麦金农的利率理论述评  

On Luo Gang.McKinnon interest rate theory

作　　者：从菡芝[1] 

机构地区：[1]南京师范大学

出　　处：《特区经济》2013年第12期50-51,共2页Special Zone Economy

摘　　要：利率作为资本的价格,是资本市场的重要货币金融工具和衡量指标。罗纳德·麦金农关注的是欠发达经济体的分割经济,而传统的新古典理论认为资本市场在本质上是完美的,通过与分割的资本市场的比较,原本的新古典中的假定将会取消。在被修改的资本市场的假设下,分割经济以及资本市场的参与者的特征得以推出,由此可以阐明政府干预造成的低效率和压抑的影响。Rate of interest, as the capital＇s price, is the important monetary and financial tools and indicators of the capital market. What Ronald I, McKinnon concerns about is the fragmented economy of undeveloped economies.However, the major premise of tradi- tional neoclassical theory is that capital market is perfect in itself. Compared with the fragmented capi- tal market, we can see the hypothesis in the neoclassi- cal theory will be canceled. With the premise has been modified and refreshed, we can deduce the characteristic of fragmented economy and its participants. Then, poor efficiency and restraint caused by government intervention can be clarified clearly.

关 键 词：利率 分割性 资本市场 麦金农 

分 类 号：F820[经济管理—财政学]