www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

We have launched E-mail Alert service,subscribers can receive the latest catalogues free of charge

 
 
You Are Here: Home > Reports

Current Monetary Policy: Some Major Issues to Be Addressed (No.180, 2018)

2018-12-05

By Fan Jianjun, Department of Macroeconomic Research, DRC

Research Report, No.180, 2018 (Total 5455) 2018-10-26

Abstract: The paper illustrates several major issues relating to China's current monetary policy that need to be addressed. These issues are as follows. 1. The “sound and neutral monetary policy” should be appropriately interpreted. It means that the broad money supply (M2) in the real economy should maintain sound and neutral rather than the policy itself to maintain sound and neutral. 2. “Loose monetary policy” is not equivalent to “loose liquidity in the real economy.” 3. Loose monetary policy does not necessarily mean resorting to a deluge of strong stimulus policies. 4. As China’s asset market continuously grows, the monetary authorities need to fully consider the diversion and time-lagging effects exerted by the market on domestic monetary policy. 5. The authorities need to identify the reasons for unsmooth transmission of domestic monetary policy in terms of liquidity traps, administrative credit interventions as well as the diversion and time-lagging effects and inadequate implementation of the monetary policy. 6. Relevant sectors need to identify the focus of “de-leveraging” and its relations with domestic monetary policy, in other words the tightening of financial conditions and monetary policy is not an effective approach to “deleveraging.” Key words: monetary policy, transmission mechanism, deleveraging

 
主站蜘蛛池模板: 欧美日比视频 | 91影视做在线观看免费 | 日本国产欧美色综合 | 欧美日本综合一区二区三区 | 欧美一级高清片欧美国产欧美 | 成人在线亚洲 | 中文字幕在线视频网站 | 国产精品视频自拍 | 日本三级11k影院在线 | 国产系列 视频二区 | 曰本毛片va看到爽不卡 | 成人毛片免费观看视频在线 | 国产精品成人影院 | 亚洲一区二区三区精品国产 | 国产精品久久一区一区 | 国产手机精品视频 | 亚洲精品久久久中文字 | 国产一区二区三区免费在线观看 | 欧美一级成人毛片影院 | 成人91在线| 欧美一级高清片欧美国产欧美 | 韩国日本一级毛片免费视频 | 92精品国产成人观看免费 | 成人a在线 | 一级做a爰片久久毛片16 | 毛片在线全部免费观看 | 亚洲精品不卡久久久久久 | 成人在线免费视频播放 | 91色老99久久九九爱精品 | 免费看a级肉片 | 91久久夜色精品国产网站 | 国产精品二区在线 | 欧美成网 | 免费黄色成人 | 欧美一级特毛片 | 女人野外小树林一级毛片 | 成人免费aaaaa毛片 | 国产高清美女一级a毛片久久 | 国内精品久久国产大陆 | 成人免费视频软件网站 | 久久亚洲精品中文字幕二区 |