通货膨胀目标制的国际比较及在我国的适应性研究

发布时间：2018-05-02 16:17

本文选题：通货膨胀目标制 + 货币政策　；参考：《河北大学》2012年硕士论文

【摘要】：20世纪90年代以来，许多工业化国家和新兴市场国家相继实施通货膨胀目标制这种货币政策框架。所有实施通货膨胀目标制的国家，都成功地将通货膨胀率控制在较低的水平，增强了货币政策的可信度，实现金融稳定。这些国家的成功经验是值得我们学习和借鉴的。研究这些国家通货膨胀目标制货币政策制度具体运用情况及相应的经验教训，对我国改革货币政策维持宏观经济的良好运行具有非常重要的现实意义。本文首先阐述了通货膨胀目标制相关理论，然后选取了新西兰、加拿大、以色列和韩国作为样本考察了通货膨胀目标制的政策实践，比较分析了这些国家的通货膨胀目标制框架设计，在此基础上，，归纳总结出这些国家实施通货膨胀目标制的经验。最后分析了目前中国实施通货膨胀目标制的适应性问题，提出了国外通货膨胀目标制对我国货币政策框架的启示。本文得出结论：通货膨胀目标制是一种有效的、可行的、新型的货币政策理论，可以降低通货膨胀率和通货膨胀预期，稳定经济增长，增强中央银行透明度和责任度。基于我国现状，虽然目前我国不适合实施通货膨胀目标制，但是国外通货膨胀目标制的实践经验为未来我国有效的货币政策理论框架提供了三点重要启示：即我国将物价稳定放在货币政策首位、加强央行的独立性和进一步完善金融市场。
[Abstract]:Since the 1990 s, many industrialized countries and emerging market countries have implemented the monetary policy framework of inflation targeting. All the countries with inflation target system have succeeded in keeping the inflation rate at a relatively low level, thus enhancing the credibility of monetary policy and achieving financial stability. The successful experience of these countries is worthy of our learning and reference. To study the specific application of inflation targeting monetary policy system in these countries and the corresponding experience and lessons to reform monetary policy in China? It is of great practical significance to maintain the good operation of macro-economy. This paper first expounds the relevant theories of inflation targeting system, and then selects New Zealand, Canada, Israel and South Korea as samples to examine the policy practice of inflation targeting system. On the basis of comparing and analyzing the framework design of inflation targeting in these countries, the experience of implementing inflation targeting system in these countries is summarized. Finally, the adaptability of inflation targeting system in China is analyzed, and the enlightenment of inflation targeting system to China's monetary policy framework is put forward. This paper concludes that inflation targeting is an effective, feasible and new monetary policy theory, which can reduce inflation rate and inflation expectation, stabilize economic growth, and enhance the transparency and accountability of central bank. Based on the current situation in China, although it is not suitable for China to implement the inflation targeting system at present, However, the practical experience of foreign inflation targeting system provides three important inspirations for the effective monetary policy theoretical framework in the future: that is, China puts price stability in the first place of monetary policy. Strengthen the independence of the central bank and further improve the financial market.
【学位授予单位】：河北大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F821.5;F822.0

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