查询词典 monetary

In the paper the monetary policy ineffectiveness proposition can"t repudiate the effectiveness of the China"s monetary policy under deflation because of the imperfect markets and the information asymmetry.

本文认为，由于市场的非完全性、信息的不对称性，货币政策无效命题否定不了通货紧缩下我国货币政策的效力。

This paper analyzes the state of effectiveness of the Japan"s monetary policy during deflation. The Japan"s monetary policy has stepped into liquidity trap. The "zero interest rate policy" cant increase investment and stimulate the economic growth.

本文分析了日本通货紧缩时期的货币政策的效力状况，日本货币政策已陷入流动性陷阱，零利率政策没有增加银行贷款和带动投资，最终刺激日本经济增长。

In period of deflation, should the monetary policy accord with the one in period of inflation? So the question is whether improper monetary policy would prompt the emergence of bubble and thus cause crumbling effect to economy.

特别是针对我国，股票市场正处于发展阶段，规模相对较小，较易受到资金冲击从而形成泡沫经济，不适当的货币政策会促进泡沫的产生进而对经济产生崩溃性影响。

However, because the members have different monetary policy operation mechanisms and financial conditions, each regional cooperative organization will meet the great difficulties on how to deicide and implement their internal monetary policies.

然而在东协各国与其夥伴国进行区域经济整合时，对於组织内货币政策的订定与执行，常会因各国中央银行的运作机制与财务体质的差异性，而面临相当大的困难。

First, the article introduces main theories of interest rate transmission mechanism in western countries, and then studies the actuality of the effect of interest rate transmission mechanism in China demonstratively. After that, based on the essential analysis of the efficiency about present transmission mechanism, the article discusses the factors that restrict and influence interest rate transmission mechanism of monetary policy in China, from microeconomic factors and macroeconomic environment respectively. Finally, the article puts forth the reformation target of monetary policy interest rate transmission mechanism and the corresponding innovation proposals to enhance the effect of the interest rate transmission mechanism in China.

本文在借鉴和吸收前人研究成果的基础上，采用了规范性研究和实证研究相结合的方法，构建了关于货币政策利率传导机制有效性研究的合理的分析框架：文章首先介绍了西方货币政策利率传导机制理论，着重分析了这些理论发挥作用的途径和模式；其次，通过各种数据分析了我国货币政策利率传导机制的现状；接着针对我国利率传导机制表现出的独特现象分别从微观因素和宏观环境两个层面研究了弱化其有效性的各种因素；最后，针对上述因素提出了加强我国货币政策利率传导效率的政策建议。

To emerge from this situation the government took steps to expand domestic demand and turned determinately from a moderately contractive monetary and fiscal policy to an active fiscal policy and a steady monetary policy.

这两次成功的宏观调控，使我国既积累了有效抑制通货膨胀，实现"软着陆"的经验，又创造了扩大国内需求，有效治理通货紧缩的经验。

This became a new factor obstructing economic growth. To emerge from this situation the government took steps to expand domestic demand and turned determinately from a moderately contractive monetary and fiscal policy to an active fiscal policy and a steady monetary policy. During 1998—2002 these policies were carried out with satisfactory results. Through the above two occasions of macro-economic adjustment and co-ordination, we accumulated useful experiences not only in combating inflation and in soft-landing, but also in acquiring a new understanding on how to expand domestic demand and deal with deflation.

以实现经济"软着陆"为主旨的1993-1996年的宏观调控，从整顿金融秩序入手，以适度从紧的货币政策为主，配合以相应的财政政策，辅之以必要的行政法律手段和组织措施，终于成功地避免了以往调控后出现的经济大起大落现象，在保持经济稳定增长的同时，有效地抑制了通货膨胀，实现了高增长、低通胀的"软着陆"目标。

There are many swordplay in monetary theory, these divarication should attribute to the conversion of monetary fuctions.

在今天，大量的金融创新、发达的网络支付系统，使货币理论必须跟随经济的这种变化，在新的经济条件下有更好的解释力。

The transmission mechanism of monetary policy is the important guarantee of the monetary policy s effectualness.

货币政策传导机制是货币政策有效性的重要保障。

Sixthly, although it is not proper to publicly enounce to set down our country's monetary policy according to the Taylor rule or McCallum rule, these rules can provide an effective guidance for our central bank to operate monetary policy.

六、虽然我国目前不宜公开宣称根据泰勒规则或麦卡勒姆规则来制定和实施货币政策；但是，这些规则可以为我国中央银行进行货币政策操作时提供一个较为有效的指导原则。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。