表外业务下的CB-LM模型研究——CC-LM模型的新发展  

The CB-LM Model Based on the Theory of OBS——The New Development of CC-LM Model

作　　者：杜龙波[1] 高婧 

机构地区：[1]上海理工大学,上海200093 [2]林茨约翰开普勒大学

出　　处：《工业技术经济》2016年第12期28-36,共9页Journal of Industrial Technological Economics

摘　　要：随着商业银行表外业务的迅速发展,经济中出现了一种"表内信贷表外化"的趋势,这一趋势导致我国货币政策调控面临着更加严峻的挑战。针对这一经济问题,本文在理论分析和数学建模的基础上构建起了更加符合我国国情的CB-LM模型。CB-LM模型的优点在于它用整体信贷的概念取代了CC-LM模型中表内信贷的概念,并且它还同时考虑了信贷市场、商品市场和货币市场的均衡。另外,通过经济学分析,我们发现CB-LM模型下货币政策对产出的影响比CC-LM模型下的影响更加强烈。CB-LM模型的构建将在一定程度上促进我国货币政策调控理论的发展。With the rapid development of commercial bank＇s off balance sheet business,there has been a trend of ＂out of balance sheet of credit in the balance sheet＂in the economy,which makes China＇s financial regulation facing a more severe challenge.In view of this economic problem,this paper constructs a CB-LM model which is more in line with China＇s national conditions on the basis of theoretical analysis and mathematical modeling.The advantage of the CB-LM model is that it replaces the concept of credit in the CC-LM model with the concept of overall credit,and it also considers the equilibrium of credit market,commodity market and money market.In addition,through economic analysis,we find that the impact of monetary policy on output under the CB-LM model is more stronger than that of the CC-LM model.To some extent,the construction of CB-LM model will promote the development of the theory of monetary policy regulation.

关 键 词：表外业务 CC-LM模型 CB-LM模型 货币政策 IS-LM模型 

分 类 号：F822.3[经济管理—财政学]