论货币政策与金融体系稳定——宏观审慎视角

发布时间：2018-05-09 00:18

本文选题：宏观审慎监管 + 金融体系稳定　；参考：《武汉金融》2017年03期

【摘要】：面临低通货膨胀率的环境,2008金融危机表明中央银行运用货币政策稳定金融体系存在局限性。其原因在于,传统宏观经济理论忽略了金融冲击对实体经济的传导,且货币政策忽视了金融周期与经济周期的不同步问题,进而忽略了金融体系的失衡,因此导致宏观审慎监管的角色缺失。本文从宏观审慎的视角,分析货币政策与金融体系稳定的关系,认为货币政策应专注于经济体的调控,金融体系的稳定应由宏观审慎监管负责,且两个部门既要相对独立,又要密切联系,这样才能保证整体经济健康发展。
[Abstract]:The 2008 financial crisis in the face of low inflation shows that the central bank has limitations in using monetary policy to stabilize the financial system. The reason is that the traditional macroeconomic theory neglects the transmission of financial shock to the real economy, and the monetary policy neglects the synchronization of the financial cycle and the economic cycle, thus neglecting the imbalance of the financial system. Therefore, the role of macroprudential supervision is missing. This paper analyzes the relationship between monetary policy and the stability of financial system from the perspective of macroprudential, and holds that monetary policy should focus on the regulation and control of the economy, that the stability of the financial system should be the responsibility of macro-prudential supervision, and that the two departments should be relatively independent. Also want close contact, so as to ensure the overall healthy development of the economy.
【作者单位】：东北师范大学;
【基金】：国家社会科学基金青年项目《中国银行业宏观审慎监管政策工具组合及有效性研究》(项目编号:15CJY083)阶段性研究成果吉林省金融学会重点项目《宏观审慎监管政策工具实践研究》(项目编号:2016JJX030)阶段性成果中国农业银行中国农村金融学会研究课题《国际金融监管改革及其对我国银行业发展到影响研究》(项目编号:Y2016-A2)阶段性研究成果
【分类号】：F822.0;F832

【相似文献】