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The Empirical Research Of The Monetary Policy In The Intermediary Targets

Posted on:2007-08-05Degree:MasterType:Thesis
Country:ChinaCandidate:Z L LiuFull Text:PDF
GTID:2179360185457307Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
It lies a target in the monetary policy is a National Central Bank to establish for carrying out the end target of the monetary policy of can be provided to prognosticate and adjust to control directly of combine with end target closely-related and financial index sign. Generally speaking,the National Central Bank usually can't carry out the end target of monetary policy directly while carrying out monetary policy,can pass to adjust to control those to have close contact with end target of in lie a target,carry out the end target of monetary policy indirectly. On the other hand,National Central Bank to the usage in monetary policy, in it the conduction the process,can pass some middle a finance to change the conduction of quantity,then can attain the influence to the end target with control indirectly. The National Central Bank wants to want to carry out the end target of monetary policy,have to control first concerning end target of data information, in order to according to make a choice by camera,change and manipulate homologous monetary policy tool. As a result,study to lie choice and mindset of target in the monetary policy, since have deep theories meaning, also have to practice value extensively.If the choice of the end target of the monetary policy promotes to a nation what monetary policy have the words of decisive function, lie the choice of target National Central Bank to then carry out monetary policy and carry out another decisive choice of the end target of the monetary policy in the monetary policy so. Because all countries monetary policy target, tool, economic financial background and carry out of monetary policy thought etc. of difference,all countries also exist an obvious dissimilarity in the process lying target in concretely the choice the monetary policy. Along with changing of time lay a target to take place homologous variety,economist in all countries and finance to pass in the monetary policy to lie a target to study continuously in the monetary policy with correction, put forward a few influential as follows medium lie a target: The currency supplies quantity, interest rate, rate of exchange, bank a letter loan quantity, stock price index number.The our country leads formally to supply to lie a target to begin from 1996 in the quantity into the currency towards lying the choice of[with] target to...
Keywords/Search Tags:Intermediary
PDF Full Text Request
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