信贷资金流动性的负外部效应分析——对当前货币供应量调控效应阻碍因素的思考  

An Analysis on Negative External Effect of the Liquidity of Credit Loan Fund——Thinking over Handicap Factors for Regulatory Effect on Current Money Supply

作　　者：简锦恩[1] 

机构地区：[1]中国人民银行中山市中心支行,广东中山528400

出　　处：《河南金融管理干部学院学报》2004年第1期40-42,共3页Journal of Henan College of Financial Management Cadres

摘　　要：转轨时期 ,商业银行信贷资金流动性操作所滋生出的信贷资金流动性负外部效应及流动性悖论等现实问题 ,阻碍着货币供应的调控效应。要解决这一问题 ,就必须完善信贷市场资源配置的公平和效率机制 ,强化货币政策这只“看得见的手”对流动性外部效应的调节 ,冲破货币供应量调控效应的阻力 ,再造中央银行货币政策传导层次结构和微观调控系统 ,完善“看得见的手”的约束机制 ,实现信贷市场资源配置的“帕累托改进”效应。During the transformation, some realistic problems such as liquidity negative external effect and liquidity paradox resulted from the operation of credit loan fund liquidity in commercial banks have hindered adjusting effect of money supply. In order to solve this problem, measures are to be taken as follows: consummating credit loan market resource allocation fairness and efficiency mechanism, intensifying adjustment of “visible hand”, monetary policy to liquidity external effect, breaking through drag of money supply adjusting effect, rebuilding central bank monetary policy transmission hierarchy structure and micro-tuning system, consummating constraint mechanism of “visible hand”, realizing “Plato Improvement” effect of credit loan market resource allocation.

关 键 词：信贷资金 流动性 货币供应量 中国 信贷业务 宏观调控 

分 类 号：F832.4[经济管理—金融学]