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Driven by both national and regional common benefits, China has participated in East Asian monetary cooperation, therefore it is the regional common benefits that determines the vitality and continuality of East Asian monetary cooperation.

中国参与东亚货币合作是本国利益和东亚共同利益所驱动的,东亚共同利益决定了货币合作的生命力和可持续性。

Dixit, A and Luisa Lambertini (2001)"Monetary-fiscal policy interactions and commitment versus discretion in a monetary union."

Dixit和Lambertini (2003)提出了两个解决&财政-货币&博弈不合作的问题的方案:一个方案是设法使财政部和中央银行的目标相同,当两者拥有相同效用函数时,面对时间不一致问题,次优解是可以得到的;第二种方案是认为只要财政部和中央银行的目标完全分离,即财政部专职管理产出,中央银行专职管理通货膨胀,问题同样迎刃而解。

Because we use the two factors,γ1 andγ2, to explain monetary policy and another two factors, m and n, to explain market volatility exogenously, these results can characterize the relationships in government bond market between volatility and monetary policy, liquidity and returns well.

实证结果表明,模型中引入利率调整因子γ1、准备金率调整因子γ2及流动性因子m和n作为外生解释变量,能够较好地刻画我国货币政策对国债市场波动的冲击、市场流动性对国债收益率波动的影响及国债收益率波动与收益率的关系。

Monetary resources is gainable, which causes itself expansion, contraction and introduces the capital market gap which effect the monetary resources to increase the capital market bubble burst and make the market expansion and evaporation.

货币资源的可增值性为货币资源的膨胀、萎缩,提供了必要前提,资本市场的虚拟性又为资本市场泡沫和市值的蒸发提供了条件,资本市场上经常出现的缺口,通过进一步影响货币资源,催化资本市场泡沫的增大与破灭,市场的膨胀与蒸发。

It is with the close relationship of monetary economics and macroeconomics above all germinant, give the research of monetary economics categorical fixed position.

首先以货币经济学和宏观经济学的紧密关系为开端,给货币经济学的研究范畴定位。

This paper tests the controlling efficiency of China's monetary tools on base money, and indicates that China's monetary tools' efficiency is low. Moreover, it relatively shows that the efficacy of interest rate of required reserve is higher than mirror image of foreign exchange reserve, which is higher than the efficiency of reloan and the required reserve ratio.

以1999年12月至2007年3月相关变量的月度数据为样本对交互影响和多元反馈条件下我国货币政策工具对基础货币的控制效率做检验,得出:样本区间内,我国货币政策工具的控制效率低,相对而言存款准备金利率作用效力相对较高,外汇占款次之,再贷款和法定准备金率效率低。

From the division of responsibilities of view, the monetary policy by the Central Bank to guide this window, it was presumed, because CBRC associated with the commercial banks more direct, to achieve "instant" results, or for the central bank to avoid sensitive tidehead, CBRC representative of the monetary policy the central bank window guidance functions.

从职责分工看,货币政策的窗口指导本应由中央银行进行,因此人们推测,由于银监会与商业银行的联系更为直接,为了达到&立竿见影&的效果,或也为使央行避开敏感潮头,银监会代表央行行使货币政策窗口指导的职能。

Valeria De Bonis and Pompeo Della Posta (2004),"Strategic interactions between monetary and fiscal authorities in a monetary union".

财政领导的均衡短期内恶化了社会福利,但由于财政纪律的相对实现使得财政-货币政策有可能走向合作。

Non-monetary transaction is not a new phenomenon at present. From starting with the spring up of barters on border to entering into 1990s, with the development of securities business in China, non-monetary transaction, including assets permutation and stock exchange, has become more and more frequently.

从20世纪80年代兴起的边境易货贸易开始,到进入90年代以来,随着我国证券市场的发展,包括资产置换、股权交换在内的非货币性交易越来越多。

Although Keynesia is creed of a finance person, but he belittles monetary policy without negligence, in his academic system, monetary theory has quite great deal.

凯恩斯虽然是一个财政主义者,但他并没有忽视贬低货币政策,在他的理论体系中,货币理论具有相当大的份量。

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