Statistical Studies Of The Effects Of Monetary Policy In China

On the basis of westem theories of the effeCtiveness of monstare policy, thisarticle analyses the effeCt of monetny policy practically by using the statisticalmathod of Correl8tion and Regression, concludes that the cause of unobviouseffeCt of monetary policy is not because that the monetary policy itself is noteffective, but the trgnsmission mechanism is baffied and puts fOrward someproposals aboot how to enhance the effeCt of monatary policy.This aticle includes fOur sections. The general theories of the effeCtivenessof monetny policy are iatroduced. coInPared and analyzed in Chapter One. InchaPter twO, the pr8Ctice of monat8ry policy in weStem markat-Economycoulltries and our China is introduced and the effect of Interest Rae policy and therelationship between the amount of monetare supply and the growth of Economyis discussed practically. Chapter three analyzes the cause of unobvious effeCt ofmonetary policy and discusses the tfansmission mechanism of monetary policyand Lags in the effect of monetary Policy in our country Chapter 4 gives thesuggeStion of enhancing the effect of monetary policy f Keop the independence ofCentral bank. quicken the process of Commercializing financial system and creaenice outer econondc environment in which monetary Policy is implemellted.