【摘要】 资本市场已经成为我国货币政策传导机制的重要一环。文章首先提出了资本市场传导货币政策的3个渠道,并给出了资本市场传导货币政策的一般均衡模型。在此基础上,文章从实证角度分析了股票市场对消费影响的效果和对投资影响的效果。更多还原

【Abstract】 Capital market has become an important link of monetary policy transmission mechanism chain in China. At first, three channels of the monetary policy transmission in capital market are addressed. And then the normal equilibrium model of monetary policy transmission in capital market is proposed.At last, based on these, some case studies on securities market’s effect on consumption and investment are discussed.更多还原