通货膨胀目标制的理论比较与实践经验  

Theoretical Comparison and Practical Experience of Inflation Targeting

作　　者：郑维臣[1] ZHENG Weichen(Shenyang Branch of the People’s Bank of China,Shenyang 110013,China)

机构地区：[1]中国人民银行沈阳分行,辽宁沈阳110013

出　　处：《邵阳学院学报（社会科学版）》2021年第6期56-61,共6页Journal of Shaoyang University:Social Science Edition

摘　　要：汇率目标制、货币供应量目标制和通货膨胀目标制是实践中常见的三种货币政策框架,其中,通货膨胀目标制更是近年来流行的货币政策框架,并已经在多个经济体取得成功。在梳理通货膨胀目标制的理论基础和实施特征基础上,对俄罗斯通货膨胀目标制实施经验加以回顾和总结,证明该框架对于内在通货膨胀压力较大的国家来说,具有很好的政策效果。Exchange rate targeting,monetary aggregate targeting and inflation targeting are the three monetary policy frameworks commonly used in practice,among which inflation targeting is the most popular in recent years and has been successful in a number of economies.On the basis of sorting out the theoretical foundation and implementation characteristics of inflation targeting,the paper reviews and summarizes the experience of the implementation of inflation targeting in Russia,and demonstrates that the framework is effective for the countries with high internal inflation pressure.

关 键 词：通货膨胀目标制 货币政策 俄罗斯 

分 类 号：F821.5[经济管理—财政学]