负利率与通胀预期

发布时间：2018-06-23 02:05

本文选题：实际利率 + 负利率　；参考：《中国金融》2011年16期

【摘要】：正从长期来看,无论是根据中央银行的货币政策目标,还是根据利率的市场化改革方向,央行都不可能专门针对负利率而频繁调整基准利率实际利率是经济学中一个重要概念。实际利率是名义利率剔除了物价上涨因素后计算出来的真实利率,标准的计算公式为:实际利率等于名义利率减去预期通货膨胀率。如果实际利率为负,则是我们通常所说的"负利率"。
[Abstract]:In the long run, whether according to the monetary policy goal of the central bank or the reform direction of interest rate marketization, it is impossible for the central bank to adjust the real interest rate of the benchmark interest rate frequently according to the negative interest rate. It is an important concept in economics that the central bank can adjust the real interest rate of the benchmark interest rate frequently. The real interest rate is the real interest rate calculated after the nominal interest rate excludes the price rise factor. The standard formula is that the real interest rate is equal to the nominal interest rate minus the expected inflation rate. If the real interest rate is negative, it is what we commonly call a negative interest rate.
【作者单位】：中国人民银行金融研究所;
【分类号】：F822

【相似文献】