改革开放以来中国货币政策理论与实践的演变

【作者】 贾庆军；

【导师】 叶世昌；

【作者基本信息】 复旦大学 ， 中国经济思想史， 2005， 博士

【摘要】 本课题围绕制度创新这条主线,从思想史的角度较为系统地研究了改革开放以来中国货币政策理论和实践在经济转轨过程中的演变轨迹。本课题的研究注重了对理论和文献的挖掘,涉及了一百多位学者的文章和著作。既评述了一些具有代表性的学者的思想观点,也整理了当时对一些热点问题的探讨。随着改革的进展,一些观点已被尘封,许多分歧也已化解于无形之中,然而正是这些的思想火花推动了中国货币政策实践的进步。在研究中本课题突出了理论与实践的互动,显示了制度变迁对中国货币政策理论日臻成熟的重要影响。 为了使整个课题更具系统性,在研究中将有关货币政策的理论和实践分成了八个专题,前三个专题分别研究了货币政策的最终目标、中介目标和货币政策工具的演变。第四个专题则研究了改革开放以来货币供求机制的演变,为后面分析货币政策传导机制和有效性奠定了基础。第五和第六个专题分别介绍和评述了通货膨胀理论和通货紧缩理论,揭示了中国在治理通货膨胀和通货紧缩中经验积累的历程。第七个专题研究了中国货币政策传导机制的演变及相关理论。第八个专题探讨了关于货币政策有效性的理论,总结了货币政策发挥效用的机制与相互关系。更多还原

【Abstract】 This dissertation provides an analysis of the theoretical and practical evolution of China’s monetary policy from economic ideology history aspect since the opening and reforming policy was carried out. The study explores the existing literatures on this subject by more than 100 authors, not only evaluates the representative scholars’ viewpoints, but also analyzes the procedure of hot topics of those days. With the development of structural changes, some of the arguments, which impel the progress of China’s monetary policy practice, have been settled down. This dissertation emphasizes the interactive of theories and practices. It reveals how important the institutional innovation has influenced the maturity of China’s monetary policy theory.This dissertation consists of eight special issues concerning the theories and practices of monetary policy primarily posterior to the reform period. The first topic is the objectives dilemma of monetary policy. The second is about the targets, including cash, money supply, credit scale and interests etc. The third is about the tools of monetary policy, including deposit reserve ratio, rediscount rate, open-market operation, etc. The fourth topic is about the changes of money supply and demand mechanism. In this chapter I discuss the classification of China’s money level, the money multiplier, and the monetary circulating speed. The next two topics are concerning the relationship between monetary policy and inflation/deflation, revealing the experience accumulated in the procedures of dealing with inflation and deflation and to shed light on current policy. The seventh explores the transition of monetary policy’s transmission mechanism. The last topic studies on the efficiency of China’s monetary policy, and summarizes the relation between the variables to make the policy more effective.更多还原