新兴经济体通货膨胀目标制政策实践

发布时间：2018-05-03 09:48

本文选题：通货膨胀目标制 + 新兴经济体　；参考：《经济学动态》2012年09期

【摘要】：通货膨胀目标制的兴起是20世纪90年代以来国际货币政策领域的一个重要发展,而新兴经济体俨然已成为这股潮流的主体、吸引着人们的目光;为此,本文对其在新兴经济体的实践情况进行总括而系统的考察和分析,以期给同为新兴经济体、并且现行货币政策面临变革和转型需要的我国提供若干可资借鉴的线索。本文认为,浮动汇率机制下寻求新的货币政策名义锚这一客观需求是其在新兴经济体日趋流行的背景所在,这一政策框架的中心在于稳定通胀预期,它在采用国显示出良好的宏观经济绩效,强调政策的透明度、应对汇率波动时须保持通胀目标的优先权、设置过渡期渐进推进以及通胀目标应逐步降低是其政策实践中具有共性的主要经验教训。
[Abstract]:The rise of inflation targeting is an important development in the field of international monetary policy since the 1990s, and emerging economies have become the main body of this trend, attracting people's attention. This paper makes an overall and systematic investigation and analysis of its practice in emerging economies in order to provide some clues for reference to China which is both emerging economies and the current monetary policy is facing the need of transformation and transformation. This paper argues that the objective need to seek a new nominal anchor of monetary policy under the floating exchange rate mechanism is the background to its growing popularity in emerging economies, and that the focus of this policy framework is to stabilize inflation expectations. It has shown good macroeconomic performance in the importing countries, emphasizing policy transparency and maintaining the priority of inflation targets in response to exchange rate fluctuations, Gradual advance of transitional period and gradual reduction of inflation target are the main common experiences and lessons in its policy practice.
【作者单位】：上海对外贸易学院金融学院;
【基金】：教育部人文社会科学研究项目基金(项目批准号:09YJA790137) 上海市教育委员会科研创新项目(项目编号:12ZS167) 重点学科金融学建设项目(编号:J51201) 上海市高校“085工程”(Z08512002)的资助
【分类号】：F821.5

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