基于总供求分析的市场环境与通胀预期形成研究
发布时间：2018-11-16 09:40
【摘要】：通货膨胀预期的形成会受到市场环境变化的影响。从总供求视角分析,这种变化主要来自于央行货币政策、住房价格、外汇市场等方面。其中,如果央行的货币政策在短期内出台频繁,这会直接造成居民短期预期水平的不稳定,导致公众的通胀预期值粘在较高水平。住房价格变动对居民通胀预期值的冲击使我们认识到,政府要稳定居民的通胀预期,就必须稳定住房市场,真正能够有效引导居民通胀预期的工具,不仅是金融政策,更应该是对民生问题的持续改善。除此,实际通货膨胀对通胀预期形成的反作用,也是形成较高通货膨胀预期的重要原因。
[Abstract]:The formation of inflation expectations will be affected by changes in the market environment. From the perspective of total supply and demand, this change mainly comes from the central bank's monetary policy, housing prices, foreign exchange market and so on. Among them, if the central bank's monetary policy is frequent in the short term, this will directly lead to instability of residents' short-term expectations, resulting in higher inflation expectations of the public. The impact of changes in housing prices on residents' inflation expectations makes us realize that in order to stabilize residents' inflation expectations, the government must stabilize the housing market, and the tools that can effectively guide residents' inflation expectations are not just financial policies. It should be the continuous improvement of people's livelihood. In addition, the negative effect of real inflation on inflation expectations is also an important reason for the formation of higher inflation expectations.
【作者单位】： 中国农业银行博士后科研工作站;对外经济贸易大学博士后科研流动站;
【分类号】：F822.5;F014.32
[Abstract]:The formation of inflation expectations will be affected by changes in the market environment. From the perspective of total supply and demand, this change mainly comes from the central bank's monetary policy, housing prices, foreign exchange market and so on. Among them, if the central bank's monetary policy is frequent in the short term, this will directly lead to instability of residents' short-term expectations, resulting in higher inflation expectations of the public. The impact of changes in housing prices on residents' inflation expectations makes us realize that in order to stabilize residents' inflation expectations, the government must stabilize the housing market, and the tools that can effectively guide residents' inflation expectations are not just financial policies. It should be the continuous improvement of people's livelihood. In addition, the negative effect of real inflation on inflation expectations is also an important reason for the formation of higher inflation expectations.
【作者单位】： 中国农业银行博士后科研工作站;对外经济贸易大学博士后科研流动站;
【分类号】：F822.5;F014.32
【参考文献】
相关期刊论文 前7条
1 李成;马文涛;王彬;;学习效应、通胀目标变动与通胀预期形成[J];经济研究;2011年10期
2 闫先东;陈浩;单漫与;;通货膨胀预期的衡量与影响因素[J];中国金融;2011年07期
3 肖争艳;姚一e，
本文编号：2335162
本文链接：https://www.wllwen.com/jingjilunwen/jingjililun/2335162.html
