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贷款准备金政策框架下的区域货币政策独立性 预览 被引量:2

The Independence of Regional Monetary Policy in the Framework of Loan Reserve Requirement Policy
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摘要 美国次贷危机引发这轮全球性金融危机凸显了以美国为核心的“金融资本主义模式”和以美元为核心国际货币金融体系的制度性缺陷,改革现行以美元为核心的国际货币金融体系势在必行,建立货币区是较为现实的选择。但在现行货币政策框架下,货币区建设不可避免会陷入“三元悖论”困境、本文提出在贷款;隹备金政策框架下,货币区能在保证其内在要求的资本自由流动和汇率稳定基本前提下.区内各个成员仍能保持货币政策独立性。 The global financial crisis that was triggered by U.S. sub-prime crisis highlights institutional flaws of the financial capitalism model and international monetary and financial system, in both of which United States plays a core role. The reform of current international monetary and financial systems is imperative. The establishment of currency zone is a realistic option. However, in current monetary policy framework, the establishment of cun-ency zone would inevitably fall into trilemma. The paper proposes the framework of loan reserve requirement policy, in which each member of the currency zone would maintain the independence of its own monetary policy.
作者 黄飞鸣 Huang Feiming
出处 《上海金融》 CSSCI 北大核心 2010年第1期37-42,共6页 Shanghai Finance
基金 本文系教育部人文社科专项项目(07JD790007)和国家社会科学基金重大项目(08&ZD034)的阶段性成果.
关键词 货币区 货币政策 贷款准备金 三元悖论 Currency Zone Monetary Policy: Loan Reserve Requirement: Trilemma
作者简介 黄飞鸣(1973-).男,厦门大学经济学院金融学博士生,副教授
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参考文献20

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二级参考文献59

共引文献134

同被引文献29

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